Company Shares of GulfMark Offshore (NYSE:GLF) Drops by -9.95%

GulfMark Offshore (NYSE:GLF) : During the past 4 weeks, traders have been relatively bearish on GulfMark Offshore (NYSE:GLF), hence the stock is down -13.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -11.09% relative to the S&P 500. The 4-week change in the price of the stock is -12.3% and the stock has fallen -9.95% in the past 1 week.

The company shares have dropped -68.28% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $11.08 and the one year low was seen on Jan 12, 2016. The 50-Day Moving Average price is $3.55 and the 200 Day Moving Average price is recorded at $4.45.

The stock has recorded a 20-day Moving Average of 4.56% and the 50-Day Moving Average is 20.01%.


GulfMark Offshore (NYSE:GLF): stock turned positive on Friday. Though the stock opened at $3.33, the bulls momentum made the stock top out at $3.5699 level for the day. The stock recorded a low of $3.295 and closed the trading day at $3.35, in the green by 2.45%. The total traded volume for the day was 1,313,811. The stock had closed at $3.27 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Gulfmark Offshore Inc, Gordon Sheldon S had sold 9,614 shares worth of $48,166 in a transaction dated December 10, 2015. In this transaction, 9,614 shares were sold at $5.01 per share.

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.

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