Gulf Marine Services PLC (LON:GMS – Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 19.47 and traded as low as GBX 18.20. Gulf Marine Services shares last traded at GBX 18.20, with a volume of 2,658,664 shares changing hands.
Gulf Marine Services Stock Performance
The stock has a market cap of £209.69 million, a P/E ratio of 11.10 and a beta of 0.65. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.69 and a quick ratio of 0.80. The firm’s 50-day moving average price is GBX 18.77 and its 200-day moving average price is GBX 19.47.
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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