Steve Kunzer Acquires 10,000 Shares of Braemar Shipping Services plc (LON:BMS) Stock

Braemar Shipping Services plc (LON:BMS) insider Steve Kunzer purchased 10,000 shares of the business’s stock in a transaction dated Friday, July 5th. The stock was bought at an average cost of GBX 180 ($2.35) per share, with a total value of £18,000 ($23,520.19).

Braemar Shipping Services stock opened at GBX 180 ($2.35) on Thursday. Braemar Shipping Services plc has a one year low of GBX 160 ($2.09) and a one year high of GBX 280 ($3.66). The stock has a fifty day moving average of GBX 194.52. The company has a quick ratio of 0.55, a current ratio of 0.72 and a debt-to-equity ratio of 44.97. The company has a market capitalization of $56.59 million and a price-to-earnings ratio of -2.03.

The business also recently declared a dividend, which will be paid on Friday, July 26th. Stockholders of record on Thursday, June 20th will be issued a GBX 10 ($0.13) dividend. This is a positive change from Braemar Shipping Services’s previous dividend of $5.00. This represents a dividend yield of 5%. The ex-dividend date is Thursday, June 20th. Braemar Shipping Services’s dividend payout ratio (DPR) is presently -0.17%.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of in a report on Monday, June 24th.

About Braemar Shipping Services

Braemar Shipping Services plc provides shipbroking, technical, and logistics services to the shipping, marine, energy, offshore, and insurance industries. Its Shipbroking segment is involved in the tanker chartering for crude oil, clean petroleum products, liquefied petrochemical gas, liquefied natural gas, specialized tankers, and time charter projects; second-hand purchase and sale, new building, recycling, and valuating; dry bulk chartering; offshore chartering, sale, and purchase; and the provision of research and consulting services.

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