GulfMark Stock Hits New 52-Week Low (GLF)

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.

TheStreet Ratings rates GulfMark as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full GulfMark Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.