MMA Offshore (ASX:MRM) Stock Price Crosses Above Two Hundred Day Moving Average of $0.00

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MMA Offshore Ltd (ASX:MRM) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.20. MMA Offshore shares last traded at $0.18, with a volume of 975,566 shares trading hands.

The firm’s fifty day simple moving average is A$0.18. The stock has a market capitalization of $154.45 million and a PE ratio of -3.83. The company has a quick ratio of 3.12, a current ratio of 3.22 and a debt-to-equity ratio of 84.51.

About MMA Offshore (ASX:MRM)

MMA Offshore Limited provides marine logistics and marine services to the offshore oil and gas industry in Australia and internationally. The company engages in a range of offshore marine and subsea activities, including offtake support; construction support; seismic and survey support; tug and barge operations; anchor handling and towing; accommodation support; dive and ROV support; subsea installation support; and subsea inspection, maintenance, and repair, as well as supply operations comprising drilling and production.

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