Geopark (NYSE:GPRK) Earns Hold (C-) Rating from Weiss Ratings

Geopark (NYSE:GPRK - Get Free Report)'s stock had its "hold (c-)" rating reiterated by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Other analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of Geopark from a "sell" rating to a "hold" rating in a research report on Friday, September 5th. Santander assumed coverage on shares of Geopark in a research note on Friday, August 29th. They set an "outperform" rating on the stock. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $11.00.

Geopark Trading Up 2.9%

Shares of GPRK opened at $6.49 on Wednesday. The firm's 50-day moving average is $6.45 and its two-hundred day moving average is $6.75. The firm has a market capitalization of $332.61 million, a P/E ratio of 7.82 and a beta of 0.76. Geopark has a twelve month low of $5.66 and a twelve month high of $11.72. The company has a current ratio of 2.47, a quick ratio of 2.42 and a debt-to-equity ratio of 2.92.

Geopark (NYSE:GPRK - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The oil and gas company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.15 by $0.12. The business had revenue of $119.80 million for the quarter, compared to analyst estimates of $123.00 million. Geopark had a net margin of 7.70% and a return on equity of 35.65%. On average, research analysts predict that Geopark will post 1.97 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. SVB Wealth LLC acquired a new position in shares of Geopark in the 1st quarter valued at about $27,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Geopark in the 1st quarter worth approximately $99,000. Entropy Technologies LP acquired a new stake in shares of Geopark in the 2nd quarter worth approximately $99,000. Hsbc Holdings PLC acquired a new stake in shares of Geopark in the 1st quarter worth approximately $100,000. Finally, R Squared Ltd acquired a new stake in shares of Geopark in the 2nd quarter worth approximately $113,000. 68.21% of the stock is owned by institutional investors and hedge funds.

Geopark Company Profile

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.

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