Bimini Capital Managment, Inc. (OTCMKTS:BMNM) CEO Robert E. Cauley bought 41,666 shares of the company’s stock in a transaction on Friday, January 12th. The stock was bought at an average cost of $2.40 per share, with a total value of $99,998.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Bimini Capital Managment, Inc. (BMNM) remained flat at $$2.40 during mid-day trading on Wednesday. 97,510 shares of the company traded hands, compared to its average volume of 13,179. The firm has a market capitalization of $30.47, a price-to-earnings ratio of 10.00 and a beta of 1.51. Bimini Capital Managment, Inc. has a 1-year low of $2.33 and a 1-year high of $3.00. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.04 and a quick ratio of 0.04.
Bimini Capital Managment (OTCMKTS:BMNM) last released its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.12 EPS for the quarter. The business had revenue of $1.51 million for the quarter. Bimini Capital Managment had a net margin of 57.73% and a return on equity of 4.26%.
Bimini Capital Management, Inc is a specialty finance company. The Company primarily invests in mortgage-backed securities (MBS). The principal and interest payments of these MBS are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae), and are backed primarily by single-family residential mortgage loans.
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