Shares of Tufton Oceanic Assets (LON:SHIP – Get Free Report) shot up 1.8% during trading on Tuesday. The stock traded as high as GBX 1.41 and last traded at GBX 1.40. 3,801,436 shares were traded during trading, an increase of 603% from the average session volume of 540,788 shares. The stock had previously closed at GBX 1.37.
Tufton Oceanic Assets Price Performance
The stock has a market capitalization of £3.75 million, a price-to-earnings ratio of -0.14 and a beta of 0.36. The business has a fifty day moving average of GBX 1.37 and a 200 day moving average of GBX 1.29.
About Tufton Oceanic Assets
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. The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “SHIP”, its Class A warrants under “SHIPW” and its Class B warrants under “SHIPZ”.
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