Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Gulf Island Fabrication (GIFI) Stock Price

Media coverage about Gulf Island Fabrication (NASDAQ:GIFI) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded 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 0.09 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 47.3792229320962 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Gulf Island Fabrication traded down $0.05, hitting $10.05, during mid-day trading on Thursday, according to Marketbeat. 131,161 shares of the stock were exchanged, compared to its average volume of 87,481. Gulf Island Fabrication has a 1-year low of $6.90 and a 1-year high of $13.95. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.34 and a quick ratio of 4.22.

Gulf Island Fabrication (NASDAQ:GIFI) last posted its quarterly earnings results on Friday, April 27th. The oil and gas company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.21). The company had revenue of $49.70 million during the quarter. Gulf Island Fabrication had a negative net margin of 23.86% and a negative return on equity of 15.73%.

Several equities analysts recently issued reports on the company. ValuEngine raised Gulf Island Fabrication from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. TheStreet lowered Gulf Island Fabrication from a “c-” rating to a “d+” rating in a research note on Friday, March 16th.

In related news, COO Todd F. Ladd purchased 5,000 shares of Gulf Island Fabrication stock in a transaction on Thursday, March 29th. The shares were bought at an average price of $7.20 per share, with a total value of $36,000.00. Following the transaction, the chief operating officer now directly owns 161,003 shares of the company’s stock, valued at $1,159,221.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.40% of the stock is owned by company insiders.

About Gulf Island Fabrication

Gulf Island Fabrication, Inc, through its subsidiaries, operates as a fabricator of offshore drilling and production platforms, and other steel structures in the United States. The company fabricates jackets and deck sections of fixed production platforms; hull, tendon, and/or deck sections of floating production platforms, such as tension leg platforms, single point anchor reservoirs, floating production storage and offloading vessels, and minimum deepwater operating concepts; pressure vessels; and piles, wellhead protectors, and subsea templates, as well as various production, compressor, and utility modules.

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

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