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Tufton Oceanic Assets (LON:SHIP) Trading Up 1.3% - Time to Buy?

Tufton Oceanic Assets logo with Transportation background

Key Points

  • Tufton Oceanic Assets shares increased by 1.3% to GBX 1.14 ($0.02), despite a significant drop in trading volume, with approximately 64,692 shares changing hands.
  • The company currently has a market capitalization of £304.04 million and a PE ratio of 4.37, indicating relatively low valuation metrics.
  • The stock's 50-day and 200-day moving averages are both at GBX 1.14 and GBX 1.13 respectively, showing stable price performance in recent periods.
  • Five stocks we like better than Tufton Oceanic Assets.

Shares of Tufton Oceanic Assets (LON:SHIP - Get Free Report) shot up 1.3% during trading on Tuesday . The stock traded as high as GBX 1.14 ($0.02) and last traded at GBX 1.14 ($0.02). 64,692 shares changed hands during trading, a decline of 62% from the average session volume of 169,814 shares. The stock had previously closed at GBX 1.12 ($0.02).

Tufton Oceanic Assets Stock Performance

The firm has a market cap of £2.97 million, a P/E ratio of 4.79 and a beta of 0.40. The firm's fifty day moving average is GBX 1.14 and its 200 day moving average is GBX 1.13.

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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