MMA Offshore (ASX:MRM) Stock Price Crosses Below 200-Day Moving Average of $0.00

MMA Offshore Ltd (ASX:MRM) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $0.21. MMA Offshore shares last traded at $0.21, with a volume of 86,552 shares.

The business has a fifty day moving average price of A$0.19. The stock has a market capitalization of $175.91 million and a P/E ratio of -4.36. The company has a debt-to-equity ratio of 84.51, a quick ratio of 3.12 and a current ratio of 3.22.

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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