Bimini Capital Management (OTCMKTS:BMNM) Stock Price Crosses Below Two Hundred Day Moving Average of $0.87

Bimini Capital Management, Inc. (OTCMKTS:BMNM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.87 and traded as low as $0.65. Bimini Capital Management shares last traded at $0.65, with a volume of 105 shares trading hands.

Bimini Capital Management Price Performance

The business has a fifty day moving average of $0.81 and a 200-day moving average of $0.86. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 3.37. The firm has a market cap of $6.55 million, a PE ratio of -1.67 and a beta of 0.93.

Bimini Capital Management (OTCMKTS:BMNM) last announced its quarterly earnings results on Thursday, March 7th. The financial services provider reported ($0.48) earnings per share (EPS) for the quarter. The firm had revenue of $2.84 million during the quarter. Bimini Capital Management had a negative return on equity of 33.43% and a negative net margin of 31.83%.

Bimini Capital Management Company Profile

Bimini Capital Management, Inc, through its subsidiaries, operates as a finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Assest Management segment includes investment advisory services by Bimini Advisors to Orchid and Royal Palm.