Shares of Geopark (NYSE:GPRK) reached a new 52-week high and low during trading on Wednesday . The stock traded as low as $14.33 and last traded at $14.18, with a volume of 224282 shares trading hands. The stock had previously closed at $13.62.
Several analysts recently commented on GPRK shares. Canaccord Genuity set a $13.00 target price on shares of Geopark and gave the company a “buy” rating in a research note on Wednesday, February 21st. Zacks Investment Research lowered shares of Geopark from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, February 20th. GMP Securities reissued a “buy” rating and set a $15.50 target price on shares of Geopark in a research note on Thursday, December 21st. ValuEngine raised shares of Geopark from a “hold” rating to a “buy” rating in a research note on Friday, April 13th. Finally, Scotiabank increased their target price on shares of Geopark from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Tuesday, February 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $13.71.
The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.26 and a current ratio of 1.29. The stock has a market cap of $791.22, a P/E ratio of -45.94 and a beta of -0.03.
Geopark (NYSE:GPRK) last issued its quarterly earnings results on Thursday, March 8th. The oil and gas company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.41). The firm had revenue of $106.30 million during the quarter, compared to analysts’ expectations of $100.00 million. Geopark had a negative net margin of 7.35% and a negative return on equity of 13.62%. sell-side analysts forecast that Geopark will post 1.21 earnings per share for the current year.
Several large investors have recently modified their holdings of the stock. Renaissance Technologies LLC lifted its position in shares of Geopark by 20.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,785,800 shares of the oil and gas company’s stock valued at $17,697,000 after acquiring an additional 298,800 shares in the last quarter. Acadian Asset Management LLC increased its stake in Geopark by 12.4% in the 4th quarter. Acadian Asset Management LLC now owns 342,955 shares of the oil and gas company’s stock valued at $3,398,000 after buying an additional 37,933 shares during the period. California Public Employees Retirement System increased its stake in Geopark by 7.9% in the 3rd quarter. California Public Employees Retirement System now owns 283,924 shares of the oil and gas company’s stock valued at $2,487,000 after buying an additional 20,824 shares during the period. Compass Group LLC acquired a new position in Geopark in the 4th quarter valued at approximately $2,242,000. Finally, Boston Partners increased its stake in Geopark by 10.3% in the 4th quarter. Boston Partners now owns 209,834 shares of the oil and gas company’s stock valued at $2,079,000 after buying an additional 19,527 shares during the period. Institutional investors and hedge funds own 19.52% of the company’s stock.
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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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