Maiden Holdings, Ltd. (NASDAQ:MHLD) shares traded up 10.2% during trading on Wednesday . The stock traded as high as $0.69 and last traded at $0.65, 229,800 shares changed hands during mid-day trading. A decline of 56% from the average session volume of 523,695 shares. The stock had previously closed at $0.59.
The company has a debt-to-equity ratio of 2.03, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a 50-day moving average of $0.66 and a 200 day moving average of $0.62.
Maiden (NASDAQ:MHLD) last posted its earnings results on Monday, August 12th. The insurance provider reported ($0.27) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.41). Maiden had a negative net margin of 42.41% and a negative return on equity of 308.89%. The business had revenue of $165.86 million during the quarter.
About Maiden (NASDAQ:MHLD)
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to retail clients.
Further Reading: Hold Rating
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