Tufton Oceanic Assets (LON:SHIP) Trading Up 0.4% – Should You Buy?

Posted by Dante Gardener on Dec 21st, 2024

Tufton Oceanic Assets (LON:SHIP – Get Free Report)’s share price rose 0.4% during trading on Friday . The company traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 891,920 shares traded hands during trading, an increase of 218% from the average daily volume of 280,746 shares. The stock had previously closed at GBX 1.19 ($0.01).

Tufton Oceanic Assets Price Performance

The company has a market cap of £3.48 million, a PE ratio of 9.96 and a beta of 0.40. The business has a 50 day moving average of GBX 1.25 and a 200 day moving average of GBX 1.27.

Tufton Oceanic Assets Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 24th were issued a $0.03 dividend. The ex-dividend date was Thursday, October 24th. This represents a yield of 1.88%. Tufton Oceanic Assets’s dividend payout ratio (DPR) is presently 8,333.33%.

Insider Activity

In other news, insider Paul Barnes purchased 14,000 shares of Tufton Oceanic Assets stock in a transaction that occurred on Friday, September 27th. The shares were bought at an average cost of GBX 97 ($1.22) per share, with a total value of £13,580 ($17,066.73). Insiders own 0.05% of the company’s stock.

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.