Geopark (GPRK) Reaches New 12-Month High and Low at $13.20

Geopark (NYSE:GPRK)’s share price reached a new 52-week high and low on Monday . The stock traded as low as $13.20 and last traded at $13.36, with a volume of 227140 shares. The stock had previously closed at $13.00.

Several equities analysts have weighed in on GPRK shares. Zacks Investment Research upgraded shares of Geopark from a “sell” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Tuesday, March 13th. GMP Securities restated a “buy” rating and set a $20.00 price target on shares of Geopark in a report on Friday, March 9th. Canaccord Genuity set a $13.00 price target on shares of Geopark and gave the company a “buy” rating in a report on Friday, March 2nd. Finally, ValuEngine upgraded shares of Geopark from a “hold” rating to a “buy” rating in a report on Friday. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $13.71.

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The company has a current ratio of 1.29, a quick ratio of 1.26 and a debt-to-equity ratio of 3.30. The firm has a market cap of $779.23, a P/E ratio of -42.16 and a beta of -0.04.

Geopark (NYSE:GPRK) last posted its quarterly earnings results on Thursday, March 8th. The oil and gas company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.41). Geopark had a negative net margin of 7.35% and a negative return on equity of 13.62%. The company had revenue of $106.30 million for the quarter, compared to analysts’ expectations of $100.00 million. sell-side analysts forecast that Geopark will post 1.21 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in the stock. Deltec Asset Management LLC lifted its stake in shares of Geopark by 4.1% in the 4th quarter. Deltec Asset Management LLC now owns 191,722 shares of the oil and gas company’s stock valued at $1,900,000 after purchasing an additional 7,546 shares during the last quarter. Fred Alger Management Inc. lifted its stake in shares of Geopark by 10.5% in the 4th quarter. Fred Alger Management Inc. now owns 79,653 shares of the oil and gas company’s stock valued at $789,000 after purchasing an additional 7,570 shares during the last quarter. Macquarie Group Ltd. lifted its stake in shares of Geopark by 6.5% in the 4th quarter. Macquarie Group Ltd. now owns 134,749 shares of the oil and gas company’s stock valued at $1,335,000 after purchasing an additional 8,242 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Geopark in the 4th quarter valued at $121,000. Finally, Millennium Management LLC lifted its stake in shares of Geopark by 8.7% in the 4th quarter. Millennium Management LLC now owns 165,324 shares of the oil and gas company’s stock valued at $1,638,000 after purchasing an additional 13,205 shares during the last quarter. 19.52% of the stock is owned by institutional investors and hedge funds.

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Geopark Company Profile

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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