On 3/8/24, Gulf Island Fabrication Inc (NASDAQ: GIFI) stock enjoyed a major increase of 26.6%, closing at $6.56. Moreover, trading volume in this advance was exceptionally high at 1587% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 32.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, GIFI is expected to continue to be Value Creation neutral.
Gulf Island Fabrication has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Gulf Island Fabrication has a poor Appreciation Score of 18 but a very high Power Rating of 88, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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