Bimini Capital Management (OTCMKTS:BMNM – Get Free Report) released its quarterly earnings data on Thursday. The financial services provider reported $0.10 earnings per share for the quarter, Zacks reports. Bimini Capital Management had a return on equity of 52.04% and a net margin of 30.06%.
Bimini Capital Management Trading Up 3.2%
BMNM traded up $0.10 during trading on Thursday, hitting $3.05. 269 shares of the stock traded hands, compared to its average volume of 4,593. The firm has a market capitalization of $30.65 million, a P/E ratio of 4.77 and a beta of 0.16. 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 firm has a 50-day moving average of $3.12 and a 200 day moving average of $2.90. Bimini Capital Management has a 12-month low of $1.50 and a 12-month high of $3.89.
Bimini Capital Management Company Profile
Bimini Capital Management, Inc is a financial services company focused on the residential mortgage market. Through its subsidiaries, the company invests in residential mortgage-backed securities, primarily agency securities issued or guaranteed by government-sponsored entities such as Fannie Mae and Freddie Mac.
Bimini also provides investment management and corporate services to affiliated entities, including Orchid Island Capital, Inc, a mortgage real estate investment trust. Its activities are centered on the U.S.
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