GYG (LON:GYG) Stock Price Up 20% – Should You Buy?

GYG plc (LON:GYG)’s share price shot up 20% during trading on Thursday . The company traded as high as GBX 30.30 ($0.38) and last traded at GBX 30 ($0.38). 109,629 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 248,768 shares. The stock had previously closed at GBX 25 ($0.32).

GYG Stock Performance

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 company has a fifty day moving average price of GBX 30 and a 200 day moving average price of GBX 30. The stock has a market cap of £13.98 million and a P/E ratio of -2.42.

GYG Company Profile

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.