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

Tufton Oceanic Assets (LON:SHIPGet Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01), with a volume of 148023 shares traded. The stock had previously closed at GBX 1.04 ($0.01).

Tufton Oceanic Assets Price Performance

The business’s 50-day moving average is GBX 1.14 and its two-hundred day moving average is GBX 1.21. The firm has a market cap of £275.43 million, a P/E ratio of 3.96 and a beta of 0.40.

Tufton Oceanic Assets Dividend Announcement

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