Gulf Marine Services PLC (LON:GMS – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 23.40 ($0.29) and last traded at GBX 23.40 ($0.29), with a volume of 2766746 shares. The stock had previously closed at GBX 22 ($0.27).
Gulf Marine Services Trading Up 6.4 %
The business’s 50 day simple moving average is GBX 19.13 and its two-hundred day simple moving average is GBX 15.32. The stock has a market cap of £238.68 million, a P/E ratio of 1,161.10 and a beta of 1.96. The company has a quick ratio of 0.80, a current ratio of 0.59 and a debt-to-equity ratio of 101.94.
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, 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.
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