Bimini Capital Management (OTCMKTS:BMNM) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Bimini Capital Management Inc. (OTCMKTS:BMNM) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.64 and traded as high as $2.04. Bimini Capital Management shares last traded at $2.04, with a volume of 125 shares.

Bimini Capital Management Price Performance

The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.11 and a current ratio of 0.11. The stock’s 50-day moving average is $1.64 and its two-hundred day moving average is $1.29. The stock has a market cap of $20.54 million, a PE ratio of 22.67 and a beta of 0.14.

Bimini Capital Management (OTCMKTS:BMNM) last released its quarterly earnings results on Thursday, November 6th. The financial services provider reported $0.18 EPS for the quarter. Bimini Capital Management had a return on equity of 11.89% and a net margin of 5.98%.

Bimini Capital Management Company Profile

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.