Gulf Marine Services PLC (GMS) Insider Anderson,Duncan Sells 600,000 Shares
Gulf Marine Services PLC (LON:GMS) insider Anderson,Duncan sold 600,000 shares of the stock in a transaction that occurred on Monday, September 19th. The stock was sold at an average price of GBX 50 ($0.65), for a total transaction of £300,000 ($391,593.79).
Gulf Marine Services PLC (LON:GMS) opened at 50.00 on Wednesday. The company has a 50 day moving average of GBX 40.57 and a 200-day moving average of GBX 49.00. The stock’s market capitalization is GBX 174.76 million. Gulf Marine Services PLC has a 52-week low of GBX 29.16 and a 52-week high of GBX 123.50.
The business also recently announced a dividend, which will be paid on Monday, October 3rd. Investors of record on Thursday, September 8th will be issued a GBX 0.41 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, September 8th. This represents a yield of 0.9%.
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A number of equities research analysts have commented on GMS shares. Canaccord Genuity dropped their price objective on shares of Gulf Marine Services PLC from GBX 65 ($0.85) to GBX 60 ($0.78) and set a “buy” rating on the stock in a research report on Thursday, September 15th. Barclays PLC reissued an “equal weight” rating on shares of Gulf Marine Services PLC in a research report on Monday, September 12th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Gulf Marine Services PLC in a research report on Thursday, September 1st.
Gulf Marine Services PLC Company Profile
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). The Company and its subsidiaries are investing in, establishing and managing commercial and industrial projects, as well as chartering and operating a fleet of vessels. The Company constructs and maintains its vessels in Abu Dhabi.
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