Alert: Major Price Decline (4/4/24)-Gulf Island Fabrication Inc (NASDAQ: GIFI).


On 4/4/24, Gulf Island Fabrication Inc (NASDAQ: GIFI) stock suffered a major decline of -10.2%, closing at $6.87. Moreover, trading volume in this decline was exceptionally high at 247% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -11.0% during the last week.


Current PriceTarget Research Rating

GIFI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Gulf Island Fabrication has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Gulf Island Fabrication has a very low Appreciation Score of 15 but a very high Power Rating of 91, and the Neutral Value Trend Rating results.

Rating Review

In light of this highly negative 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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