Gulf Island Fabrication (GIFI) Rating Lowered to Sell at ValuEngine
ValuEngine downgraded shares of Gulf Island Fabrication (NASDAQ:GIFI) from a hold rating to a sell rating in a research report released on Friday.
Separately, TheStreet raised Gulf Island Fabrication from a d+ rating to a c- rating in a research report on Tuesday, November 21st.
Gulf Island Fabrication (GIFI) traded down $0.20 during trading hours on Friday, reaching $11.40. The company’s stock had a trading volume of 27,647 shares, compared to its average volume of 40,216. Gulf Island Fabrication has a one year low of $8.90 and a one year high of $13.95. The stock has a market capitalization of $172.81, a price-to-earnings ratio of -7.04 and a beta of 0.83.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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