News headlines about Gulf Island Fabrication (NASDAQ:GIFI) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gulf Island Fabrication earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 47.1073648713547 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages recently issued reports on GIFI. TheStreet raised Gulf Island Fabrication from a “d+” rating to a “c-” rating in a research report on Tuesday, November 21st. ValuEngine downgraded Gulf Island Fabrication from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd.
Gulf Island Fabrication (NASDAQ GIFI) traded down $0.05 on Wednesday, reaching $8.15. The company’s stock had a trading volume of 38,518 shares, compared to its average volume of 51,900. The stock has a market cap of $130.88, a P/E ratio of -2.73 and a beta of 1.15. Gulf Island Fabrication has a 12-month low of $7.70 and a 12-month high of $13.95.
In other Gulf Island Fabrication news, CEO Kirk J. Meche bought 3,600 shares of the business’s stock in a transaction dated Thursday, March 1st. The stock was acquired at an average cost of $8.29 per share, with a total value of $29,844.00. Following the purchase, the chief executive officer now owns 330,103 shares in the company, valued at approximately $2,736,553.87. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.40% of the company’s stock.
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Gulf Island Fabrication Company Profile
Gulf Island Fabrication, Inc (Gulf Island) is a holding company. The Company, along with its subsidiaries, is a fabricator of steel platforms and other specialized structures for customers in the offshore oil and gas industry. It also performs onshore and offshore construction and fabrication services for customers in the marine industry.
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