Gulfmark Offshore Inc. (GLF) Drops 10.15% on February 19

Equities Staff |

Gulfmark Offshore Inc. (GLF) was one of the Russell 2000's biggest losers for Friday February 19 as the stock slid 10.15% to $3.06, a loss of $-0.345 per share. Starting at an opening price of $3.35 a share, the stock traded between $2.97 and $3.40 over the course of the trading day. Volume was 368,284 shares over 1,450 trades, against an average daily volume of 519,209 shares and a total float of 25.73 million.

The losses send Gulfmark Offshore Inc. down to a market cap of $78.61 million. In the last year, Gulfmark Offshore Inc. has traded between $17.68 and $2.50, and its 50-day SMA is currently $3.94 and 200-day SMA is $7.89.

GulfMark Offshore Inc provides offshore marine services to companies involved in offshore exploration and production of oil & natural gas. It transports materials, supplies and personnel to offshore facilities and move or position drilling structures.

Gulfmark Offshore Inc. is based out of Houston, TX and has some 1,800 employees. Its CEO is Quintin V. Kneen.

For a complete fundamental analysis analysis of Gulfmark Offshore Inc., check out Equities.com’s Stock Valuation Analysis report for GLF. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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