Maiden Holdings Ltd. (MHLD) : Traders are bullish on Maiden Holdings Ltd. (MHLD) as it has outperformed the S&P 500 by a wide margin of 11.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.53%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.46% in the last 1 week, and is up 15.07% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 10.19% and the 50-Day Moving Average is 9.34%. Maiden Holdings, Ltd. is up 14.23% in the last 3-month period. Year-to-Date the stock performance stands at -6.3%.
Maiden Holdings Ltd. (NASDAQ:MHLD): On Fridays trading session , Opening price of the stock was $13.97 with an intraday high of $14.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.93. However, the stock managed to close at $13.97, a loss of 0.43% for the day. On the previous day, the stock had closed at $14.03. The total traded volume of the day was 1,017,641 shares.
Maiden Holdings, Ltd. (Maiden) is a holding company, 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 Financial Services, Inc. (AmTrust) Reinsurance. The Companys Diversified Reinsurance segment consists of a portfolio of property and casualty reinsurance business focusing on regional and specialty property and casualty insurance companies. Its AmTrust Reinsurance segment includes all business ceded to Maiden Reinsurance Ltd. (Maiden Bermuda) from AmTrust, primarily the AmTrust Quota Share and the European Hospital Liability Quota Share.