NEW YORK ( TheStreet) -- GulfMark Offshore (NYSE: GLF) hit a new 52-week low Thursday as it is currently trading at $32.23, below its previous 52-week low of $32.24 with 50,540 shares traded as of 12:15 p.m. ET. Average volume has been 242,300 shares over the past 30 days. GulfMark has a market cap of $916.2 million and is part of the basic materials sector and energy industry. Shares are down 18.4% year to date as of the close of trading on Wednesday. GulfMark Offshore, Inc. provides offshore marine support and transportation services primarily to companies involved in the offshore exploration and production of oil and natural gas. The company has a P/E ratio of 18.4, below the average energy industry P/E ratio of 18.5 and above the S&P 500 P/E ratio of 17.7.
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