Braemar (LON:BMS) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Braemar Plc (LON:BMSGet Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Braemar Stock Down 0.7 %

The company has a market capitalization of £85.83 million, a P/E 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. The company has a 50 day moving average of GBX 255.90 and a 200-day moving average of GBX 267.83.

Insiders Place Their Bets

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

About Braemar

(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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