Insider Selling: Braemar Plc (LON:BMS) Insider Sells 94,112 Shares of Stock

Braemar Plc (LON:BMS) insider James Christopher Duchar Gundy sold 94,112 shares of Braemar stock in a transaction dated Monday, December 9th. The shares were sold at an average price of GBX 254 ($3.25), for a total transaction of £239,044.48 ($305,410.09).

James Christopher Duchar Gundy also recently made the following trade(s):

• On Thursday, November 21st, James Christopher Duchar Gundy purchased 10,000 shares of Braemar stock. The shares were purchased at an average cost of GBX 246 ($3.14) per share, for a total transaction of £24,600 ($31,429.67).

Braemar Price Performance

LON BMS traded up GBX 2 ($0.03) during trading hours on Wednesday, reaching GBX 255 ($3.26). 243,488 shares of the stock traded hands, compared to its average volume of 65,762. The company has a market cap of £77.93 million, a price-to-earnings ratio of 1,946.15 and a beta of 1.17. The stock has a 50 day simple moving average of GBX 262.68 and a two-hundred day simple moving average of GBX 285.08. The company has a debt-to-equity ratio of 43.61, a current ratio of 1.42 and a quick ratio of 1.23. Braemar Plc has a 1 year low of GBX 235 ($3.00) and a 1 year high of GBX 317.64 ($4.06).

Braemar Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, January 13th. Investors of record on Thursday, November 21st will be paid a GBX 4.50 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.7%. Braemar’s payout ratio is presently 10,000.00%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 410 ($5.24) price target on shares of Braemar in a research report on Thursday, September 19th.

Braemar Company Profile

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Investment Advisory, Chartering, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.