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Tufton Oceanic Assets (LON:SHIP) Trading Down 1.7% - Time to Sell?

Tufton Oceanic Assets logo with Transportation background

Shares of Tufton Oceanic Assets (LON:SHIP - Get Free Report) dropped 1.7% on Wednesday . The stock traded as low as GBX 1.13 ($0.02) and last traded at GBX 1.13 ($0.02). Approximately 42,038 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 202,673 shares. The stock had previously closed at GBX 1.15 ($0.02).

Tufton Oceanic Assets Stock Performance

The stock has a market cap of £310.99 million, a P/E ratio of 4.47 and a beta of 0.40. The business has a 50 day simple moving average of GBX 1.08 and a 200-day simple moving average of GBX 1.15.

Tufton Oceanic Assets Company Profile

(Get Free Report)

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.

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