GulfMark Offshore (NYSE:GLF) : 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on GulfMark Offshore (NYSE:GLF). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Hold with a rating of 3.14.
GulfMark Offshore (NYSE:GLF) : Average target price received by GulfMark Offshore (NYSE:GLF) is $4.5 with an expected standard deviation of $1.32. The most aggressive target on the stock is $6, whereas the most downbeat target is $3. 3 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
GulfMark Offshore (NYSE:GLF): stock turned positive on Tuesday. Though the stock opened at $3.12, the bulls momentum made the stock top out at $3.3897 level for the day. The stock recorded a low of $3.07 and closed the trading day at $3.14, in the green by 2.61%. The total traded volume for the day was 1,162,178. The stock had closed at $3.06 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Gordon Sheldon S, director of Gulfmark Offshore Inc, had unloaded 9,614 shares at an average price of $5.01 in a transaction dated on December 10, 2015. The total value of the transaction was worth $48,166.
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), which defines the North Sea market as offshore Norway, Great Britain, the Netherlands, Denmark, Germany, Ireland, the Faeroes Islands, Greenland and the Barents Sea; Southeast Asia (SEA), which is defined as offshore Asia bounded on the west by the Indian subcontinent and on the north by China, then south to Australia and east to the Pacific Islands and the Americas, which defines the Americas market as offshore North, Central and South America, specifically, including the United States, Mexico, Trinidad and Brazil. It operates a fleet of 75 offshore supply vessels (OSVs) in the regions, which include 32 vessels in the North Sea, 13 vessels offshore Southeast Asia and 30 vessels offshore the Americas.