Gulf Marine Services (LON:GMS) Stock Price Down 4.9% - Here's What Happened

Gulf Marine Services PLC (LON:GMS - Get Free Report)'s share price fell 4.9% on Tuesday . The company traded as low as GBX 15.25 ($0.19) and last traded at GBX 15.40 ($0.20). 5,322,010 shares were traded during mid-day trading, an increase of 97% from the average session volume of 2,706,942 shares. The stock had previously closed at GBX 16.20 ($0.21).

Gulf Marine Services Trading Up 0.6 %

The firm has a market cap of £165.85 million, a P/E ratio of 520.00 and a beta of 1.90. The company's 50 day simple moving average is GBX 17.07 and its 200-day simple moving average is GBX 17.33. The company has a quick ratio of 0.80, a current ratio of 0.16 and a debt-to-equity ratio of 71.75.

About Gulf Marine Services

Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, the Kingdom of Saudi Arabia, Qatar, and Europe. It operates through K-Class Vessels, S-Class Vessels, and E-Class Vessels segments. The company offers offshore construction and heavy lifting, accommodation and hotel, well intervention and work over operations, and manpower services for oil and gas industry; and platform maintenance and commissioning, turbine maintenance and commissioning, hotel, crane, and offshore crew transfer services to renewables industry.