GulfMark Offshore, Inc. (NYSE:GLF) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Zacks Investment Research has downgraded GulfMark Offshore, Inc. (NYSE:GLF) to Sell in a statement released on 09/28/2016.
On Tuesday November 03, 2015, Seaport Global Securities released a statement for GulfMark Offshore, Inc. (NYSE:GLF) bumped down the target price from $9.00 to $7.00 that suggested a downside of -0.04%.
Having a price of $1.52, GulfMark Offshore, Inc. (NYSE:GLF) traded -4.40% lower on the day. With the last stock price down -61.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GLF has recorded a 50-day average of $2.26 and a two hundred day average of $3.90. Trade Volume was up over the average, with 640,227 shares of GLF changing hands over the typical 505,136
Recent Performance Chart
GulfMark Offshore, Inc. has with a one year low of $1.47 and a one year high of $8.92 and has a market capitalization of $0.
A total of 5 brokerages have issued a ratings update on GulfMark Offshore, Inc.. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, seven brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $4.70.
General Company Details For GulfMark Offshore, Inc. (NYSE:GLF)
GulfMark Offshore, Inc. provides offshore marine support and transportation services. The Company offers these services to companies engaged in the offshore exploration and production of oil and natural gas. The Company operates in three segments: the North Sea (N. Sea), Southeast Asia (SEA) and the Americas. Its vessels transport materials, supplies and personnel to offshore facilities, as well as move and position drilling and production facilities. The operations are conducted in the North Sea, offshore Southeast Asia and offshore in the Americas. It operates a fleet of over 70 owned or managed offshore supply vessels (OSVs), which include over 30 vessels in the North Sea, over 10 vessels offshore Southeast Asia and over 30 vessels offshore the Americas. Its customers include oil and natural gas companies, independent oil and natural gas exploration and production companies working in international markets, and foreign Government-owned or controlled oil and natural gas companies.
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