Taylor Maritime Investments (LON:TMIP) Trading 1.2% Higher – Time to Buy?

Taylor Maritime Investments Limited (LON:TMIP)’s share price traded up 1.2% during trading on Wednesday . The stock traded as high as GBX 63 and last traded at GBX 63. 494,084 shares traded hands during trading, an increase of 100% from the average session volume of 246,988 shares. The stock had previously closed at GBX 62.25.

Taylor Maritime Investments Stock Performance

The stock has a market cap of £112.08 million, a PE ratio of -1.66 and a beta of 0.54. The company’s 50-day moving average price is GBX 62.64 and its two-hundred day moving average price is GBX 62.16.

About Taylor Maritime Investments

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.