Taylor Maritime Investments (LON:TMIP) Trading Down 3.2% – What’s Next?

Taylor Maritime Investments Limited (LON:TMIP) shares dropped 3.2% during trading on Tuesday . The company traded as low as GBX 60.20 and last traded at GBX 60.20. Approximately 358,595 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 312,054 shares. The stock had previously closed at GBX 62.20.

Taylor Maritime Investments Stock Performance

The company’s fifty day simple moving average is GBX 63.75 and its two-hundred day simple moving average is GBX 62.56. The stock has a market capitalization of £200.94 million, a P/E ratio of -1.61 and a beta of 0.54.

Taylor Maritime Investments Company Profile

Taylor Maritime Limited (formerly Taylor Maritime Investments Limited) is a shipping company listed under the equity shares (commercial companies) category of the Official List, with its shares trading on the Main Market of the London Stock Exchange since May 2021. Between May 2021 and February 2025, the Company was listed under the closed-ended investment funds category of the Official List.

The Company is focused on navigating shipping market cycles on behalf of its shareholders, leveraging a dynamic and experienced management team with deep relationships in the industry and an agile business model underpinned by low leverage and financial flexibility, to deliver long-term attractive returns through both income and capital appreciation.

The Company’s target dividend policy is 8 cents p.a.