Maiden (NASDAQ:MHLD) Share Price Passes Above Two Hundred Day Moving Average of $1.83

Maiden Holdings, Ltd. (NASDAQ:MHLD)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.83 and traded as high as $2.10. Maiden shares last traded at $2.09, with a volume of 137,352 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Maiden from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th.

Maiden Stock Performance

The company has a market cap of $209.99 million, a P/E ratio of -5.50 and a beta of 1.33. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.02. The stock’s 50-day moving average price is $1.76 and its 200 day moving average price is $1.83.

Maiden (NASDAQ:MHLD) last released its quarterly earnings results on Tuesday, March 12th. The insurance provider reported ($0.08) EPS for the quarter. Maiden had a negative net margin of 43.22% and a negative return on equity of 8.75%. The firm had revenue of $19.75 million during the quarter.

Insider Transactions at Maiden

In related news, Director Simcha G. Lyons acquired 15,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average price of $1.80 per share, for a total transaction of $27,000.00. Following the completion of the purchase, the director now owns 206,525 shares in the company, valued at approximately $371,745. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Simcha G. Lyons acquired 15,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average price of $1.80 per share, for a total transaction of $27,000.00. Following the completion of the purchase, the director now owns 206,525 shares in the company, valued at approximately $371,745. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Harold Nigro acquired 20,000 shares of the stock in a transaction dated Friday, March 15th. The stock was bought at an average price of $1.52 per share, for a total transaction of $30,400.00. Following the purchase, the director now owns 208,043 shares of the company’s stock, valued at approximately $316,225.36. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 45,000 shares of company stock worth $72,400. Insiders own 8.20% of the company’s stock.

Institutional Investors Weigh In On Maiden

A number of institutional investors have recently bought and sold shares of MHLD. ProShare Advisors LLC acquired a new stake in Maiden during the second quarter worth $25,000. Virtu Financial LLC acquired a new stake in Maiden during the fourth quarter worth $25,000. NBC Securities Inc. acquired a new stake in Maiden during the third quarter worth $26,000. Prudential Financial Inc. acquired a new stake in Maiden during the second quarter worth $27,000. Finally, ExodusPoint Capital Management LP acquired a new stake in Maiden during the first quarter worth $30,000. Institutional investors and hedge funds own 21.78% of the company’s stock.

About Maiden

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.