Taylor Maritime Investments (LON:TMIP) Trading Down 3.1% – What’s Next?

Taylor Maritime Investments Limited (LON:TMIP) was down 3.1% during mid-day trading on Thursday . The stock traded as low as GBX 59.60 ($0.77) and last traded at GBX 59.60 ($0.77). Approximately 51,318 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 158,155 shares. The stock had previously closed at GBX 61.50 ($0.80).

Taylor Maritime Investments Price Performance

The company has a market cap of £193.76 million, a P/E ratio of -4.21 and a beta of 0.54. The company has a fifty day simple moving average of GBX 66.61 and a 200-day simple moving average of GBX 73.33.

Taylor Maritime Investments Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 6th were paid a dividend of $0.06 per share. This is an increase from Taylor Maritime Investments’s previous dividend of $0.02. This represents a yield of 6.9%. The ex-dividend date was Thursday, February 6th.

Insider Transactions at Taylor Maritime Investments

In related news, insider Edward Buttery purchased 12,500 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were acquired at an average cost of GBX 77 ($1.00) per share, with a total value of £9,625 ($12,480.55). Also, insider Rebecca Brosnan acquired 50,000 shares of Taylor Maritime Investments stock in a transaction that occurred on Thursday, February 13th. The shares were purchased at an average cost of GBX 66 ($0.86) per share, with a total value of £33,000 ($42,790.46). 24.57% of the stock is currently owned by insiders.

About Taylor Maritime Investments

Taylor Maritime Investments Limited, an investment company, engages in the acquisition, management, and operation of dry bulk ships. It also operates a fleet of Geared Handysize, Supramaxm and Ultramax vessels. The company was founded in 2014 and is based in Saint Peter Port, the United Kingdom.