Braemar Shipping Services (LON:BMS) posted its quarterly earnings results on Tuesday. The company reported GBX 24.94 ($0.32) EPS for the quarter, topping the consensus estimate of GBX 22.20 ($0.28) by GBX 2.74 ($0.03), Digital Look Earnings reports.
Shares of LON:BMS traded down GBX 2 ($0.03) during trading on Tuesday, hitting GBX 117 ($1.49). 203,575 shares of the company were exchanged, compared to its average volume of 21,974. The stock has a market capitalization of $38.24 million and a P/E ratio of -1.55. The company has a debt-to-equity ratio of 93.82, a current ratio of 0.59 and a quick ratio of 0.56. Braemar Shipping Services has a 12-month low of GBX 70.08 ($0.89) and a 12-month high of GBX 241.84 ($3.08). The firm’s 50 day moving average price is GBX 109.99 and its 200-day moving average price is GBX 152.92.
Several research analysts have commented on the stock. Shore Capital reiterated a “not rated” rating on shares of Braemar Shipping Services in a report on Thursday, April 23rd. FinnCap reiterated a “corporate” rating on shares of Braemar Shipping Services in a report on Tuesday.
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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