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25.4% Return Seen to Date on SmarTrend Gulf Island Fabrication Call (GIFI)

By Amy Schwartz

SmarTrend identified an Uptrend for Gulf Island Fabrication (NASDAQ:GIFI) on July 29th, 2016 at $8.09. In approximately 3 months, Gulf Island Fabrication has returned 25.39% as of today's recent price of $10.15.

In the past 52 weeks, Gulf Island Fabrication share prices have been bracketed by a low of $6.34 and a high of $18.03 and are now at $10.15, 60% above that low price. The 200-day and 50-day moving averages have moved 0.54% lower and 1.79% lower over the past week, respectively.

Gulf Island Fabrication, Inc. makes offshore drilling and production platforms and other specialized structures used in the development and production of offshore oil and gas reserves. Products include jackets and deck sections of fixed production platforms, hull and deck sections of floating production platforms, piles, wellhead protectors, subsea templates, and various modules.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Gulf Island Fabrication shares.

Log in and add Gulf Island Fabrication (GIFI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gulf island fabrication

Ticker(s): GIFI