Tufton Oceanic Assets (LON:SHIP) Shares Up 0.4% – Should You Buy?

Tufton Oceanic Assets (LON:SHIP)’s share price rose 0.4% during trading on Friday . The stock traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 891,920 shares traded hands during mid-day trading, an increase of 218% from the average daily volume of 280,746 shares. The stock had previously closed at GBX 1.19 ($0.01).

Tufton Oceanic Assets Stock Up 0.4 %

The company has a fifty day simple moving average of GBX 1.25 and a 200 day simple moving average of GBX 1.27. The firm has a market capitalization of £3.48 million, a P/E ratio of 9.96 and a beta of 0.40.

Tufton Oceanic Assets Dividend Announcement

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

Insider Buying and Selling at Tufton Oceanic Assets

In other Tufton Oceanic Assets news, insider Paul Barnes purchased 14,000 shares of the firm’s stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of GBX 97 ($1.22) per share, for a total transaction of £13,580 ($17,066.73). 0.05% of the stock is owned by company insiders.

Tufton Oceanic Assets Company Profile

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.