Shares of Gulf Marine Services PLC (LON:GMS – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 19.71 and traded as low as GBX 18.95. Gulf Marine Services shares last traded at GBX 19.18, with a volume of 1,688,546 shares traded.
Gulf Marine Services Stock Up 1.8%
The company has a debt-to-equity ratio of 51.24, a quick ratio of 0.80 and a current ratio of 0.69. The firm’s 50 day moving average price is GBX 18.75 and its two-hundred day moving average price is GBX 19.69. The company has a market cap of £223.52 million, a P/E ratio of 11.83 and a beta of 0.65.
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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