Braemar (LON:BMS) Stock Crosses Above 200-Day Moving Average of $288.25

Braemar Plc (LON:BMS)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 288.25 ($3.86) and traded as high as GBX 293.65 ($3.93). Braemar shares last traded at GBX 290.50 ($3.89), with a volume of 13,238 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 410 ($5.49) price objective on shares of Braemar in a report on Thursday, September 19th.

Braemar Price Performance

The company has a market capitalization of £88.17 million, a P/E ratio of 2,219.23 and a beta of 1.17. The company has a fifty day moving average price of GBX 298.21 and a 200 day moving average price of GBX 288.38. The company has a debt-to-equity ratio of 43.61, a current ratio of 1.42 and a quick ratio of 1.23.

Insider Buying and Selling

In other news, insider James Christopher Duchar Gundy bought 10,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was purchased at an average cost of GBX 298 ($3.99) per share, for a total transaction of £29,800 ($39,903.59). In related news, insider James Christopher Duchar Gundy acquired 10,000 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was bought at an average price of GBX 298 ($3.99) per share, for a total transaction of £29,800 ($39,903.59). Also, insider Tristram Simmonds sold 12,425 shares of the stock in a transaction on Monday, July 8th. The shares were sold at an average price of GBX 300 ($4.02), for a total value of £37,275 ($49,912.96). Corporate insiders own 51.46% of the company’s stock.

About Braemar

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Chartering, Investment Advisory, 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.