Maiden (NASDAQ:MHLD) Releases Quarterly Earnings Results

Maiden (NASDAQ:MHLDGet Free Report) released its earnings results on Thursday. The insurance provider reported ($0.05) EPS for the quarter, Zacks reports. The business had revenue of $28.90 million for the quarter. Maiden had a negative net margin of 26.14% and a negative return on equity of 7.70%.

Maiden Stock Performance

Shares of MHLD stock remained flat at $2.20 during trading hours on Friday. 66,915 shares of the stock traded hands, compared to its average volume of 120,842. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.66 and a current ratio of 0.66. Maiden has a twelve month low of $1.19 and a twelve month high of $2.55. The firm has a 50 day moving average price of $1.95 and a 200-day moving average price of $1.88.

Insider Buying and Selling at Maiden

In other news, Director Simcha G. Lyons bought 15,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was bought at an average price of $1.80 per share, for a total transaction of $27,000.00. Following the transaction, the director now owns 206,525 shares in the company, valued at $371,745. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other Maiden news, Director Simcha G. Lyons bought 15,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were purchased at an average price of $1.80 per share, with a total value of $27,000.00. Following the completion of the acquisition, the director now directly owns 206,525 shares of the company’s stock, valued at approximately $371,745. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Harold Nigro bought 20,000 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was bought at an average price of $1.52 per share, with a total value of $30,400.00. Following the completion of the purchase, the director now owns 208,043 shares of the company’s stock, valued at $316,225.36. The disclosure for this purchase can be found here. Insiders have bought 45,000 shares of company stock worth $72,400 over the last quarter. 8.20% of the stock is owned by corporate insiders.

About Maiden

(Get Free Report)

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.

See Also

Earnings History for Maiden (NASDAQ:MHLD)

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