GYG (LON:GYG) Trading 6.4% Higher

Gyg PLC (LON:GYG) shares shot up 6.4% during trading on Monday . The stock traded as high as GBX 68 ($0.89) and last traded at GBX 66.50 ($0.87), 57,334 shares traded hands during mid-day trading. The stock had previously closed at GBX 62.50 ($0.82).

The company has a 50-day simple moving average of GBX 58.81 and a two-hundred day simple moving average of GBX 56.66. The company has a debt-to-equity ratio of 92.99, a quick ratio of 0.52 and a current ratio of 0.64. The firm has a market capitalization of $31.02 million and a P/E ratio of 44.33.

In other news, insider Peter Brown purchased 199,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average cost of GBX 50 ($0.66) per share, for a total transaction of £99,500 ($130,886.61).

About GYG (LON:GYG)

GYG plc operates as a superyacht painting, supply, and maintenance company worldwide. It operates in two segments, Coatings and Supply. The company offers painting and other finishing services to yachts and superyachts. It is also involved in fairing and painting of superyachts; repainting and finishing of superyachts as part of a refitting program; and selling and delivering maintenance materials, consumables, spare parts, and equipment for the care and operation of superyachts.

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