Tufton Oceanic Assets (LON:SHIP) Reaches New 52-Week Low – What’s Next?

Shares of Tufton Oceanic Assets (LON:SHIPGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 76.40 ($1.01) and last traded at GBX 1.02 ($0.01), with a volume of 44341 shares trading hands. The stock had previously closed at GBX 1.02 ($0.01).

Tufton Oceanic Assets Price Performance

The company has a market cap of £275.43 million, a PE ratio of 3.96 and a beta of 0.40. The company has a 50-day moving average price of GBX 1.13 and a two-hundred day moving average price of GBX 1.20.

Tufton Oceanic Assets Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, January 30th will be given a dividend of $0.03 per share. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, January 30th. Tufton Oceanic Assets’s dividend payout ratio is currently 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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