FBR & Co downgraded Maiden Holdings, Ltd. (NASDAQ:MHLD) to Mkt Perform in a statement released earlier today.
- Updated: November 27, 2016
FBR & Co has downgraded Maiden Holdings, Ltd. (NASDAQ:MHLD) to Mkt Perform in a statement released on Monday November 28, 2016.
Previously on Wednesday February 24, 2016, Compass Point reported about Maiden Holdings, Ltd. (NASDAQ:MHLD) lowered the target price from $19.00 to $18.00. At the time, this indicated a possible upside of 0.59%.
Just yesterday Maiden Holdings, Ltd. (NASDAQ:MHLD) traded 0.61% higher at $16.40. The company’s 50-day moving average is $14.47 and its 200-day moving average is $13.45. The last closing price is up 21.93% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 0 shares of MHLD traded hands, down from an average trading volume of 528,791
Recent Performance Chart
Maiden Holdings, Ltd. has 52 week low of $11.14 and a 52 week high of $16.95 with a PE ratio of 11.15 and has a market capitalization of $0.
Brief Synopsis On Maiden Holdings, Ltd. (NASDAQ:MHLD)
Maiden Holdings, Ltd. (Maiden) is a holding company. The Company is focused on serving the needs of regional and specialty insurers in the United States, Europe and select other global markets by providing reinsurance solutions designed to support their capital needs. Maiden operates through two segments: Diversified Reinsurance and AmTrust Reinsurance. It specializes in reinsurance solutions that optimize financing and risk management by providing coverage within the predictable and actuarially credible lower layers of coverage and/or reinsuring risks that are believed to be lower hazard, more predictable and generally not susceptible to catastrophe claims. The Company provides reinsurance through its wholly owned subsidiaries, Maiden Reinsurance Ltd. (Maiden Bermuda) and Maiden Reinsurance North America, Inc. (Maiden US). It provides insurance sales and distribution services through Maiden Global Holdings, Ltd. (Maiden Global) and its subsidiaries.
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