Somewhat Positive Media Coverage Somewhat Unlikely to Impact Gulf Island Fabrication (NASDAQ:GIFI) Stock Price

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.

These are some of the media stories that may have effected Accern’s analysis:

A number of brokerages recently issued reports on GIFI. ValuEngine cut Gulf Island Fabrication from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. TheStreet cut Gulf Island Fabrication from a “c-” rating to a “d+” rating in a research report on Friday, March 16th.

Shares of Gulf Island Fabrication stock opened at $8.40 on Thursday. Gulf Island Fabrication has a 1 year low of $7.70 and a 1 year high of $13.95. The stock has a market capitalization of $126.36, a PE ratio of -2.80 and a beta of 1.15.

Gulf Island Fabrication (NASDAQ:GIFI) last posted its quarterly earnings data on Monday, February 26th. The oil and gas company reported ($1.13) earnings per share for the quarter. Gulf Island Fabrication had a negative return on equity of 15.44% and a negative net margin of 26.17%. The company had revenue of $37.28 million for the quarter.

In related news, CEO Kirk J. Meche acquired 3,600 shares of the firm’s stock in a transaction on Thursday, March 1st. The stock was bought at an average cost of $8.29 per share, with a total value of $29,844.00. Following the transaction, the chief executive officer now owns 330,103 shares of the company’s stock, valued at $2,736,553.87. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.40% of the stock is currently owned by company insiders.

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About Gulf Island Fabrication

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.

Insider Buying and Selling by Quarter for Gulf Island Fabrication (NASDAQ:GIFI)

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