Gulf Marine Services PLC (LON:GMS - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 16.82 ($0.22) and traded as low as GBX 16.28 ($0.21). Gulf Marine Services shares last traded at GBX 16.95 ($0.22), with a volume of 2,985,563 shares traded.
Gulf Marine Services Stock Down 1.8 %
The firm's 50 day moving average price is GBX 17.03 and its two-hundred day moving average price is GBX 16.82. The firm has a market capitalization of £221.43 million, a PE ratio of 5.76 and a beta of 1.90. The company has a quick ratio of 0.80, a current ratio of 0.16 and a debt-to-equity ratio of 72.38.
Insider Buying and Selling at Gulf Marine Services
In related news, insider Charbel El Khoury acquired 13,455 shares of Gulf Marine Services stock in a transaction on Tuesday, December 17th. The shares were purchased at an average cost of GBX 15 ($0.19) per share, for a total transaction of £2,018.25 ($2,608.91). 51.56% of the stock is currently owned by corporate insiders.
Gulf Marine Services Company Profile
(
Get Free Report)
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 13 SESVs is amongst the youngest in the industry, with an average age of eight years.
Recommended Stories
Before you consider Gulf Marine Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gulf Marine Services wasn't on the list.
While Gulf Marine Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
