Gulf Island Fabrication (NASDAQ:GIFI) Downgraded by StockNews.com to Hold

StockNews.com downgraded shares of Gulf Island Fabrication (NASDAQ:GIFI – Free Report) from a buy rating to a hold rating in a research report sent to investors on Friday morning. Gulf Island Fabrication Trading Down 1.9 % Shares of NASDAQ GIFI opened at $6.67 on Friday. Gulf Island Fabrication has a 1 year low of $4.07 [...]

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StockNews.com downgraded shares of Gulf Island Fabrication ( NASDAQ:GIFI – Free Report ) from a buy rating to a hold rating in a research report sent to investors on Friday morning. Gulf Island Fabrication Trading Down 1.

9 % Shares of NASDAQ GIFI opened at $6.67 on Friday. Gulf Island Fabrication has a 1 year low of $4.



07 and a 1 year high of $7.93. The company has a debt-to-equity ratio of 0.

21, a current ratio of 4.61 and a quick ratio of 4.50.

The firm has a 50-day moving average of $5.72 and a 200 day moving average of $6.08.

The stock has a market cap of $109.05 million, a P/E ratio of 6.35 and a beta of 0.

48. Gulf Island Fabrication ( NASDAQ:GIFI – Get Free Report ) last released its earnings results on Tuesday, November 5th. The oil and gas company reported $0.

14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01.

Gulf Island Fabrication had a net margin of 10.54% and a return on equity of 20.64%.

The firm had revenue of $37.64 million during the quarter. Institutional Investors Weigh In On Gulf Island Fabrication Gulf Island Fabrication Company Profile ( Get Free Report ) Gulf Island Fabrication, Inc, together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States.

It operates through Services, Fabrication, and Shipyard divisions. The company provides maintenance, repair, construction, scaffolding, coatings, welding enclosures, and other specialty services on offshore platforms, inland structures, and industrial facilities; services required to connect production equipment and service modules, and equipment on offshore platforms; project management and commissioning services; hookup services; and civil construction and staffing services to the industrial and energy sectors, as well as undertakes municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. Featured Stories Five stocks we like better than Gulf Island Fabrication Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Is Monolithic Power Systems a Screaming Buy After Near 40% Drop? Transportation Stocks Investing Applied Materials Market Capitulates: Now is the Time to Buy How to Invest in the Best Canadian Stocks 3 Ultra-High Dividend Yield Stocks for the New Year Receive News & Ratings for Gulf Island Fabrication Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gulf Island Fabrication and related companies with MarketBeat.

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