GulfMark Offshore Inc. (NYSE:GLF) shares were up 3% during trading on Friday . The company traded as high as $3.47 and last traded at $3.45, with a volume of 245,189 shares changing hands. The stock had previously closed at $3.35.

A number of research analysts have commented on GLF shares. Morgan Stanley reaffirmed a “sell” rating on shares of GulfMark Offshore in a report on Tuesday, April 26th. Zacks Investment Research raised GulfMark Offshore from a “sell” rating to a “hold” rating in a report on Monday, July 11th.

The company’s market cap is $91.81 million. The stock has a 50 day moving average of $3.53 and a 200-day moving average of $4.34.

GulfMark Offshore (NYSE:GLF) last issued its quarterly earnings results on Monday, April 25th. The company reported ($0.50) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.48) by $0.02. On average, equities research analysts anticipate that GulfMark Offshore Inc. will post ($2.24) earnings per share for the current year.

An institutional investor recently raised its position in GulfMark Offshore stock. First Trust Advisors LP raised its position in GulfMark Offshore Inc. (NYSE:GLF) by 49.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 409,819 shares of the company’s stock after buying an additional 136,251 shares during the period. First Trust Advisors LP owned 1.59% of GulfMark Offshore worth $1,914,000 at the end of the most recent reporting period.

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), Southeast Asia (SEA) and the Americas.

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