Gulf Marine Services (LON:GMS) Stock Price Passes Above 50-Day Moving Average of $4.69

Gulf Marine Services PLC (LON:GMSGet Rating)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 4.69 ($0.06) and traded as high as GBX 5.50 ($0.07). Gulf Marine Services shares last traded at GBX 5.26 ($0.07), with a volume of 37,221 shares.

Gulf Marine Services Stock Up 4.6 %

The company has a market capitalization of £56.10 million, a price-to-earnings ratio of 263.00 and a beta of 2.47. The firm’s 50 day moving average price is GBX 4.69 and its two-hundred day moving average price is GBX 4.82. The company has a current ratio of 0.77, a quick ratio of 0.80 and a debt-to-equity ratio of 115.31.

Insider Transactions at Gulf Marine Services

In other news, insider Charbel El Khoury sold 291,021 shares of the business’s stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £14,551.05 ($18,098.32). 66.25% of the stock is owned by company insiders.

Gulf Marine Services Company Profile

(Get Rating)

Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, Saudi Arabia, Qatar, the United Kingdom, and rest of Europe. It operates through K-Class Vessels, S-Class Vessels, E-Class Vessels, and Other Vessels segments.

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