Braemar Plc (LON:BMS) Insider James Christopher Duchar Gundy Acquires 10,000 Shares of Stock

Braemar Plc (LON:BMS) insider James Christopher Duchar Gundy purchased 10,000 shares of Braemar stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average price of GBX 246 ($3.08) per share, for a total transaction of £24,600 ($30,838.66).

Braemar Stock Up 0.4 %

Shares of LON BMS opened at GBX 242.50 ($3.04) on Friday. The firm has a fifty day simple moving average of GBX 272.73 and a two-hundred day simple moving average of GBX 287.98. Braemar Plc has a 12 month low of GBX 235 ($2.95) and a 12 month high of GBX 317.64 ($3.98). The company has a current ratio of 1.42, a quick ratio of 1.23 and a debt-to-equity ratio of 43.61. The firm has a market capitalization of £74.11 million, a PE ratio of 1,901.54 and a beta of 1.17.

Braemar Cuts Dividend

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

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 410 ($5.14) target price on shares of Braemar in a report on Thursday, September 19th.

About Braemar

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.