Gulf Marine Services PLC (LON:GMS - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 16.64 ($0.21) and traded as low as GBX 14.85 ($0.18). Gulf Marine Services shares last traded at GBX 14.85 ($0.18), with a volume of 2,263,394 shares.
Gulf Marine Services Stock Performance
The stock's 50-day moving average price is GBX 15.85 and its 200 day moving average price is GBX 16.64. The firm has a market cap of £166.60 million, a P/E ratio of 519.00 and a beta of 1.90. The company has a debt-to-equity ratio of 71.75, a current ratio of 0.16 and a quick ratio of 0.80.
Insider Activity at Gulf Marine Services
In related news, insider Charbel El Khoury purchased 13,455 shares of the stock in a transaction on Tuesday, December 17th. The shares were purchased at an average cost of GBX 15 ($0.18) per share, with a total value of £2,018.25 ($2,488.29). 51.56% of the stock is currently owned by company insiders.
Gulf Marine Services Company Profile
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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.
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