GIFI Crosses Below Key Moving Average Level
Written by: EnergyStockChannel.com
Tickers in this article:
In trading on Tuesday, shares of Gulf Island Fabrication, Inc.
crossed below their 200 day moving average of $22.18, changing hands as low as $21.43 per share. Gulf Island Fabrication, Inc. shares are currently trading down about 1% on the day. The chart below shows the one year performance of GIFI shares, versus its 200 day moving average:
Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »
Looking at the chart above, GIFI's low point in its 52 week range is $18.76 per share, with $30.09 as the 52 week high point — that compares with a last trade of $22.88.
According to the ETF Finder at ETF Channel, GIFI makes up 1.26% of the S&P SmallCap Energy Portfolio ETF which is trading up by about 1.3% on the day Tuesday.