Braemar Plc (LON:BMS) Insider Sells £239,044.48 in Stock

Braemar Plc (LON:BMS) insider James Christopher Duchar Gundy sold 94,112 shares of Braemar stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of GBX 254 ($3.21), for a total transaction of £239,044.48 ($301,709.55).

James Christopher Duchar Gundy also recently made the following trade(s):

• On Thursday, November 21st, James Christopher Duchar Gundy acquired 10,000 shares of Braemar stock. The shares were purchased at an average cost of GBX 246 ($3.10) per share, for a total transaction of £24,600 ($31,048.85).

Braemar Stock Performance

Shares of BMS opened at GBX 253 ($3.19) on Friday. The company has a debt-to-equity ratio of 43.61, a quick ratio of 1.23 and a current ratio of 1.42. Braemar Plc has a twelve month low of GBX 235 ($2.97) and a twelve month high of GBX 317.64 ($4.01). The firm’s 50 day moving average price is GBX 261.21 and its two-hundred day moving average price is GBX 284.37. The firm has a market cap of £77.32 million, a P/E ratio of 1,946.15 and a beta of 1.17.

Braemar Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 21st will be paid a GBX 4.50 ($0.06) dividend. This represents a yield of 1.7%. The ex-dividend date is Thursday, November 21st. Braemar’s payout ratio is currently 10,000.00%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 410 ($5.17) price objective on shares of Braemar in a research note on Thursday, September 19th.

About Braemar

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Investment Advisory, Chartering, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.