Gulf Marine Services (LON:GMS) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

by · The Cerbat Gem

Gulf Marine Services PLC (LON:GMS – Get Free Report)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 17.04 ($0.22) and traded as high as GBX 17.65 ($0.22). Gulf Marine Services shares last traded at GBX 17.55 ($0.22), with a volume of 416,446 shares changing hands.

Gulf Marine Services Stock Up 0.3 %

The business’s 50 day moving average is GBX 17.04 and its 200-day moving average is GBX 17.83. The company has a debt-to-equity ratio of 71.75, a quick ratio of 0.80 and a current ratio of 0.16. The firm has a market capitalization of £188.32 million, a price-to-earnings ratio of 585.00 and a beta of 1.90.

About Gulf Marine Services

(Get Free Report)

Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, the Kingdom of 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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