Braemar (LON:BMS) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Braemar shares passed below their 200-day moving average, trading as low as GBX 221 versus the 200-day MA of GBX 226.77 and last at GBX 225 on a volume of 23,838 shares.
• The stock's 50-day MA is GBX 219.87 and the company has a market cap of £72.22 million, a P/E of 20.16 and a beta of 0.62.
• Braemar is a shipping advisory firm offering investment, chartering and risk-management services, with short-term liquidity (quick ratio 1.23, current ratio 1.73) and a debt-to-equity ratio of 40.96.

Braemar Plc (LON:BMS - ) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 226.77 and traded as low as GBX 221. Braemar shares last traded at GBX 225, with a volume of 23,838 shares traded.

Braemar Price Performance

The firm has a market cap of £72.22 million, a price-to-earnings ratio of 20.16 and a beta of 0.62. The company has a quick ratio of 1.23, a current ratio of 1.73 and a debt-to-equity ratio of 40.96. The company's 50-day moving average price is GBX 219.87 and its 200-day moving average price is GBX 226.77.

About Braemar

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. For more information, including our investor presentation, please visit www.braemar.com.

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