Shares of Bimini Capital Management Inc. (OTCMKTS:BMNM – Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.54 and traded as high as $3.28. Bimini Capital Management shares last traded at $3.2375, with a volume of 18,804 shares trading hands.
Bimini Capital Management Stock Up 0.4%
The stock has a 50-day moving average price of $2.56 and a 200-day moving average price of $2.77. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.55 and a quick ratio of 0.55. The company has a market capitalization of $35.51 million, a P/E ratio of 5.52 and a beta of 0.16.
Bimini Capital Management (OTCMKTS:BMNM – Get Free Report) last announced its earnings results on Thursday, August 6th. The financial services provider reported $0.04 EPS for the quarter. Bimini Capital Management had a return on equity of 52.04% and a net margin of 30.06%.
About Bimini Capital Management
Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.
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