Braemar Shipping Services (LON:BMS) Share Price Crosses Above 200-Day Moving Average of $255.69

Braemar Shipping Services Plc (LON:BMS – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 255.69 ($3.13) and traded as high as GBX 260 ($3.19). Braemar Shipping Services shares last traded at GBX 260 ($3.19), with a volume of 19,034 shares changing hands.

Braemar Shipping Services Trading Up 1.0 %

The stock has a market capitalization of £83.72 million and a price-to-earnings ratio of 866.67. The company has a debt-to-equity ratio of 50.86, a quick ratio of 0.48 and a current ratio of 0.86. The business has a 50-day moving average of GBX 261.09 and a 200-day moving average of GBX 255.69.

Braemar Shipping Services Company Profile

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Braemar Shipping Services Plc provides shipbroking, financial advisory, and logistics services to the shipping, marine, and energy industries. Its Shipbroking segment is involved in the tanker chartering for crude oil, liquefied petrochemical gas, and liquefied natural gas; specialized tankers; purchase and sale of second-hand vessels; chartering of dry cargo and offshore vessels; and provision of research, valuation, consulting, and derivatives brokerage services.