Taylor Maritime Investments (LON:TMIP) Trading Down 3.1% – What’s Next?

Taylor Maritime Investments Limited (LON:TMIP)’s share price traded down 3.1% on Thursday . The stock traded as low as GBX 59.60 ($0.77) and last traded at GBX 59.60 ($0.77). 51,318 shares were traded during mid-day trading, a decline of 68% from the average session volume of 158,155 shares. The stock had previously closed at GBX 61.50 ($0.80).

Taylor Maritime Investments Price Performance

The company has a market capitalization of £193.76 million, a P/E ratio of -4.21 and a beta of 0.54. The company has a fifty day moving average price of GBX 66.61 and a 200 day moving average price of GBX 73.33.

Taylor Maritime Investments Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were issued a dividend of $0.06 per share. The ex-dividend date was Thursday, February 6th. This is a positive change from Taylor Maritime Investments’s previous dividend of $0.02. This represents a dividend yield of 6.9%.

Insider Activity

In other Taylor Maritime Investments news, insider Rebecca Brosnan acquired 50,000 shares of Taylor Maritime Investments stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of GBX 66 ($0.86) per share, for a total transaction of £33,000 ($42,790.46). Also, insider Edward Buttery acquired 12,500 shares of Taylor Maritime Investments stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of GBX 77 ($1.00) per share, with a total value of £9,625 ($12,480.55). Corporate insiders own 24.57% of the company’s stock.

Taylor Maritime Investments Company Profile

Taylor Maritime Investments Limited, an investment company, engages in the acquisition, management, and operation of dry bulk ships. It also operates a fleet of Geared Handysize, Supramaxm and Ultramax vessels. The company was founded in 2014 and is based in Saint Peter Port, the United Kingdom.