Maiden (NASDAQ:MHLD) Share Price Passes Above Two Hundred Day Moving Average of $1.85

Maiden Holdings, Ltd. (NASDAQ:MHLD) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.85 and traded as high as $2.14. Maiden shares last traded at $2.12, with a volume of 86,729 shares traded.

Maiden Trading Up 1.9 %

The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.02. The company has a fifty day moving average of $1.81 and a two-hundred day moving average of $1.85. The stock has a market capitalization of $213.00 million, a price-to-earnings ratio of -5.58 and a beta of 1.32.

Maiden (NASDAQ:MHLD) last issued its quarterly earnings data on Tuesday, March 12th. The insurance provider reported ($0.08) earnings per share for the quarter. Maiden had a negative return on equity of 8.75% and a negative net margin of 43.22%. The firm had revenue of $19.75 million during the quarter.

Insider Activity

In other Maiden news, Director Simcha G. Lyons acquired 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 19th. The stock was acquired at an average price of $1.80 per share, with a total value of $27,000.00. Following the transaction, the director now owns 206,525 shares of the company’s stock, valued at $371,745. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Steven Harold Nigro purchased 20,000 shares of the firm’s stock in a transaction on Friday, March 15th. The shares were bought at an average cost of $1.52 per share, for a total transaction of $30,400.00. Following the transaction, the director now directly owns 208,043 shares of the company’s stock, valued at approximately $316,225.36. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Simcha G. Lyons acquired 15,000 shares of the business’s stock in a transaction dated Tuesday, March 19th. The shares were bought at an average cost of $1.80 per share, with a total value of $27,000.00. Following the transaction, the director now directly owns 206,525 shares of the company’s stock, valued at approximately $371,745. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 45,000 shares of company stock valued at $72,400. 9.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Maiden

Several large investors have recently added to or reduced their stakes in MHLD. Russell Investments Group Ltd. increased its position in shares of Maiden by 30.8% during the fourth quarter. Russell Investments Group Ltd. now owns 561,807 shares of the insurance provider’s stock valued at $1,287,000 after purchasing an additional 132,253 shares during the period. Sowell Financial Services LLC lifted its position in Maiden by 4.3% in the third quarter. Sowell Financial Services LLC now owns 410,195 shares of the insurance provider’s stock worth $722,000 after purchasing an additional 17,000 shares during the period. Camelot Portfolios LLC boosted its stake in Maiden by 36.7% during the fourth quarter. Camelot Portfolios LLC now owns 102,351 shares of the insurance provider’s stock worth $234,000 after buying an additional 27,499 shares in the last quarter. Waterloo Capital L.P. increased its holdings in Maiden by 12.5% in the 4th quarter. Waterloo Capital L.P. now owns 76,500 shares of the insurance provider’s stock valued at $175,000 after buying an additional 8,500 shares during the period. Finally, SG Americas Securities LLC raised its stake in shares of Maiden by 18.3% in the 4th quarter. SG Americas Securities LLC now owns 49,405 shares of the insurance provider’s stock valued at $113,000 after buying an additional 7,645 shares in the last quarter. Institutional investors and hedge funds own 21.78% of the company’s stock.

Maiden Company Profile

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.