Shares of Gulf Marine Services PLC (LON:GMS - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 17.59 ($0.24) and traded as high as GBX 18.80 ($0.26). Gulf Marine Services shares last traded at GBX 18.64 ($0.25), with a volume of 2,440,406 shares changing hands.
Gulf Marine Services Stock Performance
The business has a fifty day simple moving average of GBX 17.57 and a two-hundred day simple moving average of GBX 17.05. The company has a quick ratio of 0.80, a current ratio of 0.16 and a debt-to-equity ratio of 72.38. The company has a market cap of £251.51 million, a P/E ratio of 6.55 and a beta of 1.90.
Gulf Marine Services Company Profile
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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 13 SESVs is amongst the youngest in the industry, with an average age of eight years.
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