GulfMark Offshore Breaks Above 200-Day Moving Average - Bullish for GLF

In trading on Friday, shares of GulfMark Offshore, Inc. (GLF) crossed above their 200 day moving average of $47.49, changing hands as high as $47.68 per share. GulfMark Offshore, Inc. shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of GLF shares, versus its 200 day moving average:

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GulfMark Offshore, Inc. 200 Day Moving Average Chart

Looking at the chart above, GLF's low point in its 52 week range is $34.69 per share, with $53.89 as the 52 week high point — that compares with a last trade of $47.57.

According to the ETF Finder at ETF Channel, GLF makes up 1.44% of the SPDR S&P Oil & Gas Equipment & Services ETF ( XES) which is trading up by about 1.4% on the day Friday.

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