Gulf Marine Services (GMS) Reaches New 1-Year Low at $34.00

Gulf Marine Services (LON:GMS)’s share price hit a new 52-week low during trading 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 trading hands. The stock had previously closed at GBX 35.60 ($0.50).

GMS has been the topic of several analyst reports. Barclays reiterated an “equal weight” rating and set a GBX 59 ($0.83) price target on shares of Gulf Marine Services in a report on Wednesday, January 17th. Numis Securities reiterated a “buy” rating and set a GBX 95 ($1.33) price target on shares of Gulf Marine Services in a report on Monday, January 15th.

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About Gulf Marine Services

Gulf Marine Services PLC, together with its subsidiaries, charters and operates self-propelled, self-ele....

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