Maiden (NASDAQ:MHLD) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of Maiden (NASDAQ:MHLD) in a report released on Saturday. The firm set a “sell” rating on the insurance provider’s stock.

Maiden Stock Down 5.5 %

MHLD stock opened at $0.61 on Friday. Maiden has a 12 month low of $0.61 and a 12 month high of $2.27. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $60.69 million, a price-to-earnings ratio of -0.94 and a beta of 1.29. The company has a fifty day moving average price of $0.89 and a 200 day moving average price of $1.33.

Maiden (NASDAQ:MHLD) last announced its earnings results on Monday, March 10th. The insurance provider reported ($1.53) earnings per share for the quarter. The business had revenue of ($6.64) million for the quarter. Maiden had a negative return on equity of 16.55% and a negative net margin of 71.58%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of Maiden by 26.7% during the fourth quarter. Bank of America Corp DE now owns 83,451 shares of the insurance provider’s stock worth $141,000 after purchasing an additional 17,565 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Maiden by 340.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 22,009 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 17,014 shares during the period. Barclays PLC boosted its holdings in shares of Maiden by 14.4% in the fourth quarter. Barclays PLC now owns 132,439 shares of the insurance provider’s stock valued at $223,000 after acquiring an additional 16,699 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Maiden during the fourth quarter worth about $35,000. Finally, Wells Fargo & Company MN raised its holdings in Maiden by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 51,664 shares of the insurance provider’s stock worth $87,000 after purchasing an additional 11,252 shares in the last quarter. Institutional investors and hedge funds own 21.78% of the company’s stock.

Maiden Company Profile

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.