Tufton Oceanic Assets (LON:SHIP) Trading 0.4% Higher – Here’s What Happened

Tufton Oceanic Assets (LON:SHIP) shot up 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). 891,920 shares changed hands during trading, an increase of 218% from the average session volume of 280,746 shares. The stock had previously closed at GBX 1.19 ($0.01).

Tufton Oceanic Assets Stock Up 0.4 %

The stock has a market cap of £3.48 million, a P/E ratio of 9.96 and a beta of 0.40. The business’s 50-day simple moving average is GBX 1.25 and its two-hundred day simple moving average is GBX 1.27.

Tufton Oceanic Assets Announces Dividend

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 bought 14,000 shares of the business’s stock in a transaction on Friday, September 27th. The stock was acquired 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.