Gulf Marine Services (LON:GMS) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Gulf Marine Services PLC (LON:GMS)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 18.30 ($0.24) and traded as low as GBX 17 ($0.22). Gulf Marine Services shares last traded at GBX 17.30 ($0.22), with a volume of 3,743,344 shares traded.

Gulf Marine Services Trading Up 2.0 %

The firm has a market capitalization of £188.86 million, a PE ratio of 588.33 and a beta of 1.90. The stock’s 50-day moving average price is GBX 16.93 and its 200 day moving average price is GBX 18.29. The company has a debt-to-equity ratio of 71.75, a current ratio of 0.16 and a quick ratio of 0.80.

Gulf Marine Services Company Profile

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.