Tufton Oceanic Assets (LON:SHIP) Hits New 1-Year Low – Here’s Why

Tufton Oceanic Assets (LON:SHIPGet Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 85 ($1.10) and last traded at GBX 1.12 ($0.01), with a volume of 73967 shares. The stock had previously closed at GBX 1.14 ($0.01).

Tufton Oceanic Assets Stock Performance

The stock has a 50-day moving average of GBX 1.16 and a 200 day moving average of GBX 1.22. The firm has a market capitalization of £299.49 million, a P/E ratio of 4.30 and a beta of 0.40.

Tufton Oceanic Assets Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, January 30th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 2.1%. Tufton Oceanic Assets’s dividend payout ratio (DPR) is presently 3,841.56%.

About Tufton Oceanic Assets

(Get Free Report)

Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a fleet of 11 Capesize vessels with an average age of about 12 years and aggregate cargo carrying capacity of approximately 1,926,117 dwt.

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