Alert: Major Price Advance (11/7/24)-Gulf Island Fabrication Inc (NASDAQ: GIFI).

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Gulf Island Fabrication Inc (NASDAQ: GIFI) stock closed at $6.94 on 11/7/24 after a major increase of 15.3%. Moreover, exceptionally high trading volume at 226% of normal accompanied the advance. The stock has risen 27.6% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

GIFI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a Value Builder.

Gulf Island Fabrication has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gulf Island Fabrication has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 34, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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