Tufton Oceanic Assets (LON:SHIP) Reaches New 1-Year Low – Here’s Why

Tufton Oceanic Assets (LON:SHIPGet Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 85 ($1.10) and last traded at GBX 1.12 ($0.01), with a volume of 73967 shares. The stock had previously closed at GBX 1.14 ($0.01).

Tufton Oceanic Assets Stock Performance

The stock’s fifty day simple moving average is GBX 1.16 and its 200-day simple moving average is GBX 1.22. The stock has a market capitalization of £287.19 million, a PE ratio of 4.13 and a beta of 0.40.

Tufton Oceanic Assets Dividend Announcement

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

Tufton Oceanic Assets Company Profile

(Get Free Report)

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.

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