Gulf Island FaBRICation traded at $12.00 this Friday January 16th. Looking back, over the last four weeks, Gulf Island FaBRICation lost 72.91 percent. Over the last 12 months, its price rose by 157.51 percent. Looking ahead, we forecast Gulf Island FaBRICation to be priced at 11.64 by the end of this quarter and at 10.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
Gulf Island Fabrication, Inc is a fabrication company. The Company is a fabricator of steel structures, modules and marine vessels, and a provider of project management, hookup, commissioning, repair, maintenance, and civil construction services. It serves the customers in energy production, refining, petrochemical, liquefied natural gas (LNG), industrial, power, and marine operators; engineering, procurement and construction (EPC) companies; and certain agencies of the United States government. Its Fabrication & Services Division fabricates modules, skids and piping systems for onshore refining, petrochemical, LNG and industrial facilities and offshore facilities; fabricates foundations, secondary steel components and support structures for alternative energy developments and coastal mooring facilities; fabricates offshore production platforms and associated structures.