GYG (LON:GYG) Trading 20% Higher – Time to Buy?

Shares of GYG plc (LON:GYGGet Free Report) rose 20% on Thursday . The stock traded as high as GBX 30.30 ($0.39) and last traded at GBX 30 ($0.39). Approximately 109,629 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 248,768 shares. The stock had previously closed at GBX 25 ($0.33).

GYG Price Performance

The firm has a market capitalization of £13.98 million and a PE ratio of -2.42. The company has a debt-to-equity ratio of 284.16, a current ratio of 0.50 and a quick ratio of 0.41. The business’s 50 day moving average is GBX 30 and its two-hundred day moving average is GBX 30.

GYG Company Profile

(Get Free Report)

GYG plc operates as a superyacht painting, supply, and maintenance company worldwide. It operates through two segments, Coatings and Supply. The company offers painting and other finishing services to yachts and superyachts. It is also involved in fairing and painting of superyachts; repainting and finishing of superyachts as part of a refitting program; and selling and delivering maintenance materials, consumables, spare parts, and equipment for the care and operation of superyachts.

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