Tufton Oceanic Assets (LON:SHIP) Shares Down 0.9% – Should You Sell?

Tufton Oceanic Assets (LON:SHIP) shares fell 0.9% on Friday . The stock traded as low as GBX 1.15 ($0.01) and last traded at GBX 1.15 ($0.01). 16,952 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 258,734 shares. The stock had previously closed at GBX 1.16 ($0.02).

Tufton Oceanic Assets Stock Down 0.9 %

The company’s fifty day simple moving average is GBX 1.18 and its two-hundred day simple moving average is GBX 1.24. The company has a market capitalization of £307.52 million, a price-to-earnings ratio of 4.42 and a beta of 0.40.

Tufton Oceanic Assets Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, January 30th will be given a $0.03 dividend. This represents a yield of 2.1%. The ex-dividend date of this dividend is Thursday, January 30th. Tufton Oceanic Assets’s dividend payout ratio (DPR) is currently 3,841.56%.

Tufton Oceanic Assets Company Profile

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.