Shares of MHLD traded higher by 0.22% or $0.02/share to $9.02. NASDAQ is trading at a price to book ratio of 0.74. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.12 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.35. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 237600 shares of MHLD exchange hands on a given day and today's volume is recorded at 99482. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Maiden Holdings, Ltd. (Maiden) is a Bermuda-based holding company, primarily focused on serving the needs of regional and specialty insurers in the United States and Europe by providing reinsurance solutions designed to support their capital needs.