Gulfport Energy (OTCMKTS:GPORQ) Shares Down 1% - Should You Sell?

Key Points

• Gulfport Energy shares experienced a **1% decline** during mid-day trading, with stock prices hovering around **$169.01** after hitting a low of **$165.59**.
• The company's market capitalization stands at **$27.06 billion**, with a **price-to-earnings ratio of -24.54** and a beta of **5.50**, indicating significant volatility.
• Gulfport Energy is involved in the **exploration and production** of natural gas and crude oil, primarily operating in the **Utica Shale** in Ohio and the **SCOOP** play in Oklahoma.

Gulfport Energy Co. (OTCMKTS:GPORQ - Get Free Report) shares fell 1% during mid-day trading on Thursday . The stock traded as low as $165.59 and last traded at $169.01. 300,985 shares were traded during mid-day trading, a decline of 88% from the average session volume of 2,578,359 shares. The stock had previously closed at $170.73.

Gulfport Energy Stock Performance

The company's 50 day moving average price is $191.22 and its 200-day moving average price is $183.74. The company has a market cap of $27.06 billion, a price-to-earnings ratio of -24.54 and a beta of 5.50.

Gulfport Energy Company Profile

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.