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Gulfport Energy (OTCMKTS:GPORQ) Shares Down 1.5% - Here's Why

Gulfport Energy logo with Energy background

Gulfport Energy Co. (OTCMKTS:GPORQ - Get Free Report) shares dropped 1.5% during mid-day trading on Tuesday . The company traded as low as $186.90 and last traded at $188.13. Approximately 191,707 shares traded hands during trading, a decline of 93% from the average daily volume of 2,578,359 shares. The stock had previously closed at $191.02.

Gulfport Energy Stock Performance

The firm's 50 day simple moving average is $181.70 and its 200 day simple moving average is $180.55. The firm has a market capitalization of $30.30 billion, a price-to-earnings ratio of -27.48 and a beta of 5.50.

About Gulfport Energy

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Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area of approximately 205,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area of approximately 76,000 net reservoir acres primarily located in Oklahoma.

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