Tufton Oceanic Assets (LON:SHIP) Reaches New 12-Month Low – Should You Sell?

Tufton Oceanic Assets (LON:SHIPGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 85 ($1.10) and last traded at GBX 1.12 ($0.01), with a volume of 73967 shares changing hands. The stock had previously closed at GBX 1.14 ($0.01).

Tufton Oceanic Assets Price Performance

The stock has a market capitalization of £287.19 million, a P/E ratio of 4.13 and a beta of 0.40. The company has a 50 day simple moving average of GBX 1.16 and a 200-day simple moving average of GBX 1.22.

Tufton Oceanic Assets Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, January 30th will be given a dividend of $0.03 per share. The ex-dividend date is Thursday, January 30th. This represents a yield of 2.1%. Tufton Oceanic Assets’s dividend payout ratio is presently 3,841.56%.

Tufton Oceanic Assets Company Profile

(Get Free Report)

Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a fleet of 11 Capesize vessels with an average age of about 12 years and aggregate cargo carrying capacity of approximately 1,926,117 dwt.

Read More

Receive News & Ratings for Tufton Oceanic Assets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tufton Oceanic Assets and related companies with MarketBeat.com's FREE daily email newsletter.