Recent extremely meaningful negative changes in investment behavior have impacted Gulf Island Fabrication Inc (NASDAQ: GIFI): negative upside/downside volume developed, and its shorter term price trend turned down.
Gulf Island Fabrication Inc (NASDAQ: GIFI) has recently experienced important negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Gulf Island Fabrication has a slightly negative Appreciation Score of 38 but a very high Power Rating of 92, producing the Positive Value Trend Rating.
Recent Price Action
Gulf Island Fabrication Inc (NASDAQ: GIFI) stock suffered a large decline of -5.7% on 5/23/24. The stock closed at $6.48. However, exceptionally low trading volume at 46% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.4% during the last week.
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