Gulf Marine Services (GMS) Sets New 12-Month Low at $34.00

Gulf Marine Services (LON:GMS) reached a new 52-week low on Thursday . The stock traded as low as GBX 34 ($0.48) and last traded at GBX 34 ($0.48), with a volume of 102047 shares. The stock had previously closed at GBX 35.60 ($0.50).

Several equities research analysts recently weighed in on GMS shares. Numis Securities reaffirmed a “buy” rating and set a GBX 95 ($1.33) price objective on shares of Gulf Marine Services in a research report on Monday, January 15th. Barclays reaffirmed an “equal weight” rating and set a GBX 59 ($0.83) price objective on shares of Gulf Marine Services in a research report on Wednesday, January 17th.

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About Gulf Marine Services

Gulf Marine Services PLC, together with its subsidiaries, charters and operates self-propelled, self-elevating support vessels (SESVs) worldwide. The company operates through Small Class Vessels, Mid-Size Class Vessels, Large Class Vessels, and Other Vessels segments. It charters SESVs as customized work platforms for offshore oil, gas, and renewable energy activities.

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