Maiden Holdings, Ltd. (NASDAQ:MHLD - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.18 and traded as high as $1.24. Maiden shares last traded at $1.17, with a volume of 280,597 shares.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Maiden to a "sell" rating in a report on Wednesday.
Check Out Our Latest Stock Analysis on Maiden
Maiden Stock Up 6.6%
The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $128.34 million, a PE ratio of -1.98 and a beta of 1.31. The stock's fifty day simple moving average is $0.95 and its 200-day simple moving average is $1.18.
Maiden (NASDAQ:MHLD - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The insurance provider reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $10.72 million for 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 hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN raised its stake in shares of Maiden by 27.8% during 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. Barclays PLC raised its stake in shares of Maiden by 14.4% during the 4th quarter. Barclays PLC now owns 132,439 shares of the insurance provider's stock worth $223,000 after purchasing an additional 16,699 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of 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 purchasing an additional 17,014 shares during the period. SG Americas Securities LLC raised its stake in shares of Maiden by 58.5% during the 4th quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider's stock worth $78,000 after purchasing an additional 17,017 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Maiden by 26.7% during the 4th quarter. Bank of America Corp DE now owns 83,451 shares of the insurance provider's stock worth $141,000 after purchasing an additional 17,565 shares during the period. 21.78% of the stock is currently owned by institutional investors.
Maiden Company Profile
(
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.
Recommended Stories
Before you consider Maiden, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Maiden wasn't on the list.
While Maiden currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
