Tufton Oceanic Assets (LON:SHIP) Trading Down 1% – Time to Sell?

Tufton Oceanic Assets (LON:SHIPGet Free Report) dropped 1% on Thursday . The stock traded as low as GBX 1.12 and last traded at GBX 1.15. Approximately 612,693 shares traded hands during mid-day trading, an increase of 148% from the average daily volume of 247,178 shares. The stock had previously closed at GBX 1.16.

Tufton Oceanic Assets Price Performance

The stock has a market capitalization of £3.07 million, a PE ratio of -0.09 and a beta of 0.40. The company has a 50 day moving average price of GBX 1.14 and a 200-day moving average price of GBX 1.13.

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. The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “SHIP”, its Class A warrants under “SHIPW” and its Class B warrants under “SHIPZ”.

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