Research analysts at StockNews.com began coverage on shares of Maiden (NASDAQ:MHLD - Get Free Report) in a report issued on Wednesday. The brokerage set a "sell" rating on the insurance provider's stock.
Maiden Trading Up 1.2 %
Shares of NASDAQ MHLD traded up $0.01 during mid-day trading on Wednesday, reaching $0.96. The company had a trading volume of 241,925 shares, compared to its average volume of 132,073. The stock has a market cap of $95.52 million, a price-to-earnings ratio of -1.48 and a beta of 1.60. Maiden has a 52 week low of $0.55 and a 52 week high of $2.27. The business's 50-day moving average is $0.83 and its 200-day moving average is $1.23. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22.
Maiden (NASDAQ:MHLD - Get Free Report) last issued its earnings results on Monday, March 10th. The insurance provider reported ($1.53) EPS for the quarter. The company had revenue of ($6.64) million during the quarter. Maiden had a negative return on equity of 16.55% and a negative net margin of 71.58%.
Institutional Investors Weigh In On Maiden
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Maiden during the fourth quarter valued at $35,000. Tower Research Capital LLC TRC grew its holdings in Maiden by 340.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 22,009 shares of the insurance provider's stock worth $37,000 after acquiring an additional 17,014 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in Maiden during the 3rd quarter valued at about $66,000. SG Americas Securities LLC raised its holdings in shares of Maiden by 58.5% in the 4th quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider's stock valued at $78,000 after purchasing an additional 17,017 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Maiden by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 51,664 shares of the insurance provider's stock worth $87,000 after purchasing an additional 11,252 shares during the period. 21.78% of the stock is owned by institutional investors.
About Maiden
(
Get Free Report)
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.
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