Braemar (LON:BMS) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Braemar Plc (LON:BMSGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 268.06 ($3.38) and traded as high as GBX 269.06 ($3.39). Braemar shares last traded at GBX 261 ($3.29), with a volume of 12,039 shares changing hands.

Braemar Price Performance

The firm has a 50-day moving average of GBX 255.90 and a 200 day moving average of GBX 267.83. The company has a market capitalization of £85.83 million, a PE ratio of 17.29 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.

Insider Buying and Selling at Braemar

In other news, insider James Christopher Duchar Gundy sold 94,112 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of GBX 254 ($3.20), for a total transaction of £239,044.48 ($301,291.25). Company insiders own 46.79% of the company’s stock.

Braemar Company Profile

(Get Free Report)

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

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