Braemar Plc (LON:BMS) Insider James Christopher Duchar Gundy Purchases 10,000 Shares

Braemar Plc (LON:BMS) insider James Christopher Duchar Gundy bought 10,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of GBX 246 ($3.10) per share, with a total value of £24,600 ($30,970.67).

Braemar Stock Up 2.4 %

Braemar stock traded up GBX 5.70 ($0.07) during mid-day trading on Friday, reaching GBX 247.20 ($3.11). The stock had a trading volume of 65,386 shares, compared to its average volume of 66,353. Braemar Plc has a one year low of GBX 235 ($2.96) and a one year high of GBX 317.64 ($4.00). The company has a 50-day moving average price of GBX 272.73 and a two-hundred day moving average price of GBX 287.98. The company has a market capitalization of £75.54 million, a price-to-earnings ratio of 1,846.15 and a beta of 1.17. The company has a debt-to-equity ratio of 43.61, a current ratio of 1.42 and a quick ratio of 1.23.

Braemar Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, January 13th. Investors of record on Thursday, November 21st will be given a dividend of GBX 4.50 ($0.06) per share. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, November 21st. Braemar’s dividend payout ratio (DPR) is currently 10,000.00%.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 410 ($5.16) price objective on shares of Braemar in a research report on Thursday, September 19th.

Braemar Company Profile

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Investment Advisory, Chartering, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.