MHLD Stock Summary and Trading Ideas (Maiden Hldgs | NASDAQ:MHLD)

Maiden Holdings Ltd provides reinsurance products and services to regional and specialty property and casualty insurers. The company operates in two segments: AmTrust Reinsurance and Diversified Reinsurance. The AmTrust Reinsurance segment provides products that cover workers' compensation, commercial package, commercial auto, and extended warranty. The Diversified Reinsurance segment provides small and midsize regional and specialty insurers with reinsurance capital products. Its revenues also include fee income earned from both its GLS business and IIS business as well as income generated from its investment portfolio.

Maiden Hldgs trades on the NASDAQ stock market under the symbol MHLD.

As of April 18, 2024, MHLD stock price declined to $1.95 with 150,259 million shares trading.

MHLD has a beta of 1.24, meaning it tends to be more sensitive to market movements. MHLD has a correlation of 0.06 to the broad based SPY ETF.

MHLD has a market cap of $195.92 million. This is considered a Micro Cap stock.

In the last 3 years, MHLD stock traded as high as $4.00 and as low as $1.19.

The top ETF exchange traded funds that MHLD belongs to (by Net Assets): IWM, VTI, VXF, IWN, VTWO.

MHLD has underperformed the market in the last year with a price return of -11.8% while the SPY ETF gained +22.3%. However, in the short term, MHLD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.1% vs +6.1% return in SPY. But in the last 2 weeks, MHLD shares have been beat by the market, returning -11.4% compared to an SPY return of -3.8%.

MHLD support price is $1.91 and resistance is $2.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MHLD stock will trade within this expected range on the day.