Braemar Plc (LON:BMS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 241.14 ($3.24) and traded as high as GBX 255 ($3.43). Braemar shares last traded at GBX 255 ($3.43), with a volume of 97,788 shares changing hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group dropped their price target on Braemar from GBX 350 ($4.71) to GBX 320 ($4.30) and set a "buy" rating on the stock in a research report on Thursday, May 29th.
View Our Latest Report on BMS
Braemar Stock Performance
The company has a current ratio of 1.42, a quick ratio of 1.23 and a debt-to-equity ratio of 43.61. The firm has a market capitalization of £81.64 million, a price-to-earnings ratio of 16.44 and a beta of 1.17. The company has a 50-day moving average of GBX 230.78 and a 200-day moving average of GBX 240.94.
Braemar (LON:BMS - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported GBX 31.30 ($0.42) earnings per share for the quarter. Braemar had a return on equity of 5.78% and a net margin of 3.03%. On average, equities research analysts forecast that Braemar Plc will post 33.0310881 earnings per share for the current fiscal year.
Insider Buying and Selling at Braemar
In other news, insider James Christopher Duchar Gundy sold 31,358 shares of the stock in a transaction on Monday, June 30th. The stock was sold at an average price of GBX 217 ($2.92), for a total value of £68,046.86 ($91,522.34). Also, insider Catriona Louise Valentine purchased 6,700 shares of the firm's stock in a transaction dated Monday, June 2nd. The stock was acquired at an average cost of GBX 235 ($3.16) per share, with a total value of £15,745 ($21,176.87). Corporate insiders own 46.79% of the company's stock.
About Braemar
(
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Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.
Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers' needs, and provide an integrated service supported by a collaborative culture.
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