Tufton Oceanic Assets (LON:SHIP) Hits New 52-Week Low - Here's What Happened

Shares of Tufton Oceanic Assets (LON:SHIP - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 76.40 ($1.02) and last traded at GBX 1.02 ($0.01), with a volume of 44341 shares. The stock had previously closed at GBX 1.02 ($0.01).

Tufton Oceanic Assets Stock Up 1.0 %

The company has a fifty day moving average of GBX 1.12 and a 200 day moving average of GBX 1.20. The company has a market cap of £275.43 million, a P/E ratio of 3.96 and a beta of 0.40.

Tufton Oceanic Assets Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, January 30th will be given a dividend of $0.03 per share. This represents a dividend yield of 2.1%. The ex-dividend date is Thursday, January 30th. Tufton Oceanic Assets's payout ratio is currently 3,841.56%.

Tufton Oceanic Assets Company Profile

Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a fleet of 11 Capesize vessels with an average age of about 12 years and aggregate cargo carrying capacity of approximately 1,926,117 dwt.