Maiden (NASDAQ:MHLD) Earns Sell Rating from Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Maiden (NASDAQ:MHLD) in a note issued to investors on Tuesday. The firm set a “sell” rating on the insurance provider’s stock.

Maiden Price Performance

MHLD opened at $0.95 on Tuesday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.86 and a quick ratio of 0.86. Maiden has a 1 year low of $0.55 and a 1 year high of $2.27. The stock’s 50 day simple moving average is $0.84 and its 200 day simple moving average is $1.28. The firm has a market cap of $94.52 million, a price-to-earnings ratio of -1.46 and a beta of 1.60.

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

Institutional Trading of Maiden

Several large investors have recently modified their holdings of MHLD. Raymond James Financial Inc. bought a new stake in shares of Maiden in the 4th quarter worth approximately $35,000. Tower Research Capital LLC TRC lifted its stake in Maiden by 340.6% in the fourth 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. The Manufacturers Life Insurance Company bought a new stake in Maiden in the third quarter valued at $66,000. SG Americas Securities LLC increased its position in Maiden by 58.5% during the 4th quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider’s stock valued at $78,000 after purchasing an additional 17,017 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in Maiden by 27.8% in the 4th 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. 21.78% of the stock is owned by institutional investors.

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.