Gulf Marine Services PLC (GMS) Insider Anderson,Duncan Sells 600,000 Shares of Stock
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 shares were 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 49.75 on Thursday. The company’s market capitalization is GBX 173.89 million. The firm’s 50 day moving average price is GBX 41.11 and its 200-day moving average price is GBX 48.89. Gulf Marine Services PLC has a 12-month low of GBX 29.16 and a 12-month high of GBX 123.50.
The business also recently declared a dividend, which will be paid on Monday, October 3rd. Stockholders 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 dividend yield of 0.9%.
GMS has been the subject of a number of recent analyst reports. Barclays PLC reissued an “equal weight” rating and set a GBX 57 ($0.74) target price on shares of Gulf Marine Services PLC in a research report on Wednesday, August 24th. Canaccord Genuity reissued a “buy” rating and set a GBX 65 ($0.85) target price on shares of Gulf Marine Services PLC in a research report on Wednesday, August 31st. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Gulf Marine Services PLC in a report on Wednesday, July 6th.
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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