Maiden Holdings, Ltd. (NASDAQ:MHLD - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.14 and traded as high as $1.29. Maiden shares last traded at $1.15, with a volume of 493,715 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Maiden to a "sell" rating in a research report on Wednesday, May 14th.
Get Our Latest Research Report on MHLD
Maiden Stock Up 15.5%
The stock has a market cap of $115.13 million, a price-to-earnings ratio of -1.78 and a beta of 1.31. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.22. The business's fifty day moving average is $1.03 and its two-hundred day moving average is $1.13.
Maiden (NASDAQ:MHLD - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The insurance provider reported ($0.03) earnings per share for the quarter. Maiden had a negative return on equity of 16.55% and a negative net margin of 71.58%. The company had revenue of $10.72 million for the quarter.
Institutional Investors Weigh In On Maiden
Institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd purchased a new position in Maiden in the first quarter valued at about $26,000. Raymond James Financial Inc. acquired a new stake in shares of Maiden in the fourth quarter valued at approximately $35,000. Tower Research Capital LLC TRC increased 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 in the last quarter. Jane Street Group LLC raised its position in shares of Maiden by 23.2% during the 1st quarter. Jane Street Group LLC now owns 105,232 shares of the insurance provider's stock worth $60,000 after purchasing an additional 19,791 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in Maiden by 58.5% during the 4th quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider's stock valued at $78,000 after buying an additional 17,017 shares during the last quarter. Hedge funds and other institutional investors own 21.78% of the company's stock.
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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