Gulfport Energy (OTCMKTS:GPORQ) Trading Down 1.1% - Should You Sell?

Key Points

• Gulfport Energy's shares fell by 1.1% during mid-day trading, with a last trading price of $178.80, down from a previous close of $180.73.
• The stock has seen a substantial drop in trading volume, with approximately 223,899 shares traded, representing a 91% decline from its average daily volume.
• Gulfport Energy has a market capitalization of $28.74 billion and engages in the exploration and production of natural gas and crude oil in the United States.

Shares of Gulfport Energy Co. (OTCMKTS:GPORQ - ) dropped 1.1% during mid-day trading on Wednesday . The company traded as low as $174.70 and last traded at $178.80. Approximately 223,899 shares were traded during trading, a decline of 91% from the average daily volume of 2,578,359 shares. The stock had previously closed at $180.73.

Gulfport Energy Stock Performance

The stock's 50-day moving average price is $174.26 and its 200-day moving average price is $180.49. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of -26.06 and a beta of 5.50.

About Gulfport Energy

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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