Tufton Oceanic Assets (LON:SHIP) Trading Up 0.8% – Here’s Why

Tufton Oceanic Assets (LON:SHIPGet Free Report) traded up 0.8% during trading on Thursday . The stock traded as high as GBX 1.23 ($0.02) and last traded at GBX 1.23 ($0.02). 9,517 shares were traded during trading, a decline of 97% from the average session volume of 288,518 shares. The stock had previously closed at GBX 1.22 ($0.02).

Tufton Oceanic Assets Price Performance

The stock has a market cap of £3.59 million, a P/E ratio of 10.27 and a beta of 0.40. The business’s 50-day simple moving average is GBX 1.28 and its two-hundred day simple moving average is GBX 1.27.

Tufton Oceanic Assets Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, October 24th were issued a $0.03 dividend. This represents a yield of 1.88%. The ex-dividend date was Thursday, October 24th. Tufton Oceanic Assets’s dividend payout ratio (DPR) is presently 8,333.33%.

Insider Activity at Tufton Oceanic Assets

In related news, insider Paul Barnes purchased 14,000 shares of the firm’s stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of GBX 97 ($1.24) per share, for a total transaction of £13,580 ($17,297.16). 0.05% of the stock is owned by company insiders.

About Tufton Oceanic Assets

(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.

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