Biloxi Marsh Lands (OTCMKTS:BLMC) Stock Price Down 25% – Time to Sell?

Biloxi Marsh Lands Co. (OTCMKTS:BLMC) shares fell 25% during trading on Tuesday . The stock traded as low as $3.00 and last traded at $3.00. 4,120 shares traded hands during trading, The stock had previously closed at $4.00.

Biloxi Marsh Lands Stock Down 25.0 %

The stock has a market capitalization of $7.52 million, a P/E ratio of 100.00 and a beta of -0.77. The stock’s 50 day moving average price is $3.06 and its 200-day moving average price is $3.78.

Biloxi Marsh Lands (OTCMKTS:BLMC) last issued its quarterly earnings data on Tuesday, December 17th. The energy company reported $0.11 earnings per share for the quarter.

Biloxi Marsh Lands Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 3rd were given a dividend of $0.125 per share. This represents a dividend yield of 3.12%. The ex-dividend date was Friday, January 3rd. Biloxi Marsh Lands’s payout ratio is presently 400.00%.

Biloxi Marsh Lands Company Profile

Biloxi Marsh Lands Corporation engages in the exploration, development, and production of oil and natural gas properties. It owns approximately 90,000 acres of surface, subsurface, and minerals in St. Bernard Parish, Louisiana. The company was incorporated in 1936 and is based in Metairie, Louisiana.