Maiden (MHLD) Set to Announce Earnings on Thursday

Maiden (NASDAQ:MHLD) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 9th.

Maiden (NASDAQ:MHLD) last issued its quarterly earnings results on Tuesday, March 12th. The insurance provider reported ($0.08) EPS for the quarter. The firm had revenue of $19.75 million for the quarter. Maiden had a negative net margin of 43.22% and a negative return on equity of 8.75%.

Maiden Stock Down 4.5 %

Shares of NASDAQ MHLD opened at $2.13 on Wednesday. The company has a market cap of $214.00 million, a P/E ratio of -5.61 and a beta of 1.37. The firm has a 50-day simple moving average of $1.90 and a two-hundred day simple moving average of $1.87. Maiden has a 1 year low of $1.19 and a 1 year high of $2.55. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.66 and a quick ratio of 0.66.

Insider Buying and Selling

In other Maiden news, Director Simcha G. Lyons acquired 15,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were bought at an average price of $1.80 per share, with a total value of $27,000.00. Following the transaction, the director now directly owns 206,525 shares of the company’s stock, valued at approximately $371,745. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Steven Harold Nigro purchased 20,000 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was purchased at an average price of $1.52 per share, for a total transaction of $30,400.00. Following the completion of the acquisition, the director now owns 208,043 shares of the company’s stock, valued at $316,225.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Simcha G. Lyons acquired 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was purchased at an average cost of $1.80 per share, for a total transaction of $27,000.00. Following the purchase, the director now owns 206,525 shares of the company’s stock, valued at $371,745. The disclosure for this purchase can be found here. In the last three months, insiders acquired 45,000 shares of company stock valued at $72,400. Insiders own 9.30% of the company’s stock.

About Maiden

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.