Tufton Oceanic Assets (LON:SHIP) Shares Down 1.3% – Time to Sell?

Tufton Oceanic Assets (LON:SHIPGet Free Report)’s share price fell 1.3% during mid-day trading on Wednesday . The company traded as low as GBX 1.16 ($0.01) and last traded at GBX 1.16 ($0.01). 338,865 shares traded hands during trading, an increase of 24% from the average session volume of 273,050 shares. The stock had previously closed at GBX 1.17 ($0.01).

Tufton Oceanic Assets Stock Down 1.3 %

The company has a market capitalization of £308.85 million, a P/E ratio of 4.44 and a beta of 0.40. The firm has a 50-day moving average price of GBX 1.19 and a two-hundred day moving average price of GBX 1.25.

Tufton Oceanic Assets Announces Dividend

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

About Tufton Oceanic Assets

(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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