Braemar Plc (LON:BMS) Insider Sells £239,044.48 in Stock

Braemar Plc (LON:BMS) insider James Christopher Duchar Gundy sold 94,112 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of GBX 254 ($3.25), for a total value of £239,044.48 ($305,410.09).

James Christopher Duchar Gundy also recently made the following trade(s):

• On Thursday, November 21st, James Christopher Duchar Gundy purchased 10,000 shares of Braemar stock. The stock was bought at an average cost of GBX 246 ($3.14) per share, for a total transaction of £24,600 ($31,429.67).

Braemar Stock Up 0.8 %

LON BMS traded up GBX 2 ($0.03) during mid-day trading on Wednesday, reaching GBX 255 ($3.26). The stock had a trading volume of 243,488 shares, compared to its average volume of 65,762. Braemar Plc has a 1 year low of GBX 235 ($3.00) and a 1 year high of GBX 317.64 ($4.06). The stock has a market cap of £77.93 million, a PE ratio of 1,946.15 and a beta of 1.17. The company has a fifty day moving average price of GBX 262.68 and a 200 day moving average price of GBX 285.08. The company has a debt-to-equity ratio of 43.61, a current ratio of 1.42 and a quick ratio of 1.23.

Braemar Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 4.50 ($0.06) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 1.7%. Braemar’s dividend payout ratio is presently 10,000.00%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 410 ($5.24) price objective on shares of Braemar in a report on Thursday, September 19th.

Braemar Company Profile

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