In trading on Wednesday, shares of GulfMark Offshore Inc entered into oversold territory, changing hands as low as $31.77 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
Former Attorney General of Louisiana Charles C. Foti, Jr.
Company emerges with strengthened balance sheet and solid liquidity
Trade-Ideas LLC identified GulfMark Offshore (GLF) as a strong on high relative volume candidate
Trade-Ideas LLC identified GulfMark Offshore (GLF) as a strong on high relative volume candidate
The most recent short interest data was recently released by the NASDAQ for the 03/15/2016 settlement date, and GulfMark Offshore, Inc. is one of the most shorted stocks of the Russell 3000, based on 7.28 "days to cover" versus the median component at 5.88.
Trade-Ideas LLC identified GulfMark Offshore (GLF) as a weak on high relative volume candidate
ARPI and GLF are both on the radars of activist investors; now is the time to buy these names.
