Gulf Island Fabrication (NASDAQ:GIFI – Get Rating) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.
Gulf Island Fabrication Stock Performance
Shares of GIFI stock opened at $3.44 on Wednesday. The stock’s fifty day moving average is $3.93 and its 200-day moving average is $4.52. The stock has a market capitalization of $55.25 million, a PE ratio of -16.38 and a beta of 0.59. Gulf Island Fabrication has a 52 week low of $3.10 and a 52 week high of $5.74.
Gulf Island Fabrication (NASDAQ:GIFI – Get Rating) last posted its quarterly earnings results on Tuesday, March 28th. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter. Gulf Island Fabrication had a negative return on equity of 3.32% and a negative net margin of 2.36%. The business had revenue of $38.14 million for the quarter.
Institutional Inflows and Outflows
About Gulf Island Fabrication
Gulf Island Fabrication, Inc engages in the business of fabricating complex steel structures and modules and the provision of specialty services. It operates through the following segments: Services, Fabrication, Shipyard, and Corporate. The Services segment provides maintenance, repair, construction, scaffolding, coatings, and welding enclosures on offshore platforms and inland structures and at industrial facilities.
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- Get a free copy of the StockNews.com research report on Gulf Island Fabrication (GIFI)
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