Braemar (LON:BMS) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Braemar Plc (LON:BMS)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 228.85 and traded as high as GBX 234.84. Braemar shares last traded at GBX 232.04, with a volume of 14,487 shares trading hands.

Braemar Stock Performance

The company has a market cap of £74.48 million, a P/E ratio of 20.79 and a beta of 0.62. The business’s 50 day simple moving average is GBX 219.77 and its 200 day simple moving average is GBX 228.85. The company has a current ratio of 1.73, a quick ratio of 1.23 and a debt-to-equity ratio of 40.96.

About Braemar

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

For more information, including our investor presentation, please visit www.braemar.com.