Zacks Investment Research upgraded Maiden Holdings, Ltd. (NASDAQ:MHLD) to Hold in a report released today.
- Updated: September 26, 2016
Zacks Investment Research has upgraded Maiden Holdings, Ltd. (NASDAQ:MHLD) to Hold in a report released on 9/26/2016.
Yesterday Maiden Holdings, Ltd. (NASDAQ:MHLD) traded -2.47% lower at $12.65. The company’s 50-day moving average is $13.64 and its 200-day moving average is $12.99. The last stock close price is down -2.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 326,656 shares of the stock were exchanged, down from an average trading volume of 666,008
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Maiden Holdings, Ltd. has a 52 week low of $11.14 and a 52 week high of $16.10 with a P/E ratio of 9.27 The company’s market cap is currently $0.
About 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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