News articles about Gulf Island Fabrication (NASDAQ:GIFI) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news 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 news sentiment score of 0.01 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 46.2987578281012 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of research analysts recently commented on GIFI shares. ValuEngine cut Gulf Island Fabrication from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. TheStreet upgraded Gulf Island Fabrication from a “d+” rating to a “c-” rating in a research report on Tuesday, November 21st.
Shares of Gulf Island Fabrication (NASDAQ GIFI) traded down $0.10 during midday trading on Wednesday, hitting $8.10. The company had a trading volume of 51,994 shares, compared to its average volume of 52,319. Gulf Island Fabrication has a 52 week low of $7.70 and a 52 week high of $13.95. The company has a market capitalization of $130.88, a PE ratio of -2.70 and a beta of 1.15.
In other Gulf Island Fabrication news, CEO Kirk J. Meche bought 3,600 shares of the firm’s stock in a transaction on Thursday, March 1st. The shares were purchased at an average price of $8.29 per share, for a total transaction of $29,844.00. Following the completion of the transaction, the chief executive officer now directly 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 available at the SEC website. Insiders own 3.40% of the company’s stock.
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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