Gulf Marine Services PLC (LON:GMS – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 18.23 and traded as low as GBX 15.40. Gulf Marine Services shares last traded at GBX 15.40, with a volume of 937,882 shares changing hands.
Gulf Marine Services Trading Down 0.5%
The company has a debt-to-equity ratio of 72.38, a current ratio of 0.16 and a quick ratio of 0.80. The stock has a 50-day moving average price of GBX 16.20 and a two-hundred day moving average price of GBX 18.23. The stock has a market cap of £176.63 million, a PE ratio of 4.95 and a beta of 1.90.
Insider Transactions at Gulf Marine Services
In other news, insider Mansour Al Alami acquired 129,000 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The shares were acquired at an average cost of GBX 16 per share, with a total value of £20,640. 0.50% of the stock is currently owned by insiders.
About Gulf Marine Services
Gulf Marine Services PLC was founded in Abu Dhabi in 1977 and has become a world leading provider of advanced self-propelled self-elevating support vessels (SESVs). The fleet serves the oil, gas and renewable energy industries from its offices in the United Arab Emirates, Saudi Arabia and Qatar. The Group’s assets are capable of serving clients’ requirements across the globe, including those in the Middle East, South East Asia, West Africa, North America, the Gulf of Mexico and Europe.
The GMS fleet of 14 SESVs is amongst the youngest in the industry, with an average age of eight years.
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