Maiden (NASDAQ:MHLD) Share Price Passes Above Two Hundred Day Moving Average of $1.85

Maiden Holdings, Ltd. (NASDAQ:MHLD) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.85 and traded as high as $2.14. Maiden shares last traded at $2.12, with a volume of 86,729 shares trading hands.

Maiden Price Performance

The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.02. The stock has a market cap of $213.00 million, a PE ratio of -5.58 and a beta of 1.32. The company’s 50 day moving average is $1.81 and its 200-day moving average is $1.85.

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

Insider Buying and Selling at Maiden

In related news, Director Steven Harold Nigro purchased 20,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was acquired at an average price of $1.52 per share, with a total value of $30,400.00. Following the completion of the transaction, the director now owns 208,043 shares of the company’s stock, valued at $316,225.36. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, Director Simcha G. Lyons bought 15,000 shares of Maiden stock in a transaction on Tuesday, March 19th. The shares were bought at an average price of $1.80 per share, with a total value of $27,000.00. Following the acquisition, the director now directly owns 206,525 shares in the company, valued at approximately $371,745. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven Harold Nigro bought 20,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was purchased at an average price of $1.52 per share, with a total value of $30,400.00. Following the transaction, the director now owns 208,043 shares in the company, valued at approximately $316,225.36. The disclosure for this purchase can be found here. Insiders have acquired a total of 45,000 shares of company stock valued at $72,400 in the last three months. Corporate insiders own 9.30% of the company’s stock.

Hedge Funds Weigh In On Maiden

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in shares of Maiden by 18.3% during the fourth quarter. SG Americas Securities LLC now owns 49,405 shares of the insurance provider’s stock worth $113,000 after purchasing an additional 7,645 shares during the period. Waterloo Capital L.P. raised its stake in Maiden by 12.5% during the fourth quarter. Waterloo Capital L.P. now owns 76,500 shares of the insurance provider’s stock worth $175,000 after acquiring an additional 8,500 shares during the period. NBC Securities Inc. bought a new position in Maiden in the third quarter worth about $26,000. Sowell Financial Services LLC boosted its stake in Maiden by 4.3% in the third quarter. Sowell Financial Services LLC now owns 410,195 shares of the insurance provider’s stock valued at $722,000 after acquiring an additional 17,000 shares during the period. Finally, Camelot Portfolios LLC grew its holdings in shares of Maiden by 36.7% during the fourth quarter. Camelot Portfolios LLC now owns 102,351 shares of the insurance provider’s stock valued at $234,000 after purchasing an additional 27,499 shares during the last quarter. 21.78% of the stock is currently owned by institutional investors.

Maiden Company Profile

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.