Gulf Island Fabrication, Inc. (NASDAQ:GIFI)’s share price rose 8% on Thursday . The stock traded as high as $3.50 and last traded at $3.38. Approximately 105,370 shares traded hands during mid-day trading, an increase of 115% from the average daily volume of 48,901 shares. The stock had previously closed at $3.13.
The stock has a market cap of $51.74 million, a price-to-earnings ratio of -1.27 and a beta of 1.11. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.73 and a current ratio of 1.76. The company’s 50 day simple moving average is $2.95 and its two-hundred day simple moving average is $3.04.
Gulf Island Fabrication (NASDAQ:GIFI) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported ($0.36) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.30) by ($0.06). Gulf Island Fabrication had a negative return on equity of 16.63% and a negative net margin of 13.87%. The business had revenue of $59.97 million for the quarter.
Gulf Island Fabrication Company Profile (NASDAQ:GIFI)
Gulf Island Fabrication, Inc, together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States. It operates through in segments: Fabrication, Shipyard, Services, and EPC. The Fabrication segment fabricates modules for petrochemical and industrial facilities, foundations for alternative energy developments, and other steel structures.
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