GeoPark (NYSE:GPRK - Get Free Report) was upgraded by research analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.
GeoPark Stock Performance
Shares of NYSE:GPRK traded up $0.25 during trading on Friday, hitting $6.78. 140,051 shares of the company traded hands, compared to its average volume of 545,358. The stock has a market capitalization of $347.45 million, a price-to-earnings ratio of 3.44 and a beta of 0.93. The business's fifty day moving average is $7.64 and its 200-day moving average is $8.69. GeoPark has a one year low of $5.66 and a one year high of $11.72. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53.
GeoPark (NYSE:GPRK - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.43). The firm had revenue of $143.70 million for the quarter, compared to the consensus estimate of $141.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. As a group, equities analysts predict that GeoPark will post 1.97 earnings per share for the current fiscal year.
Institutional Investors Weigh In On GeoPark
A number of institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new position in shares of GeoPark in the third quarter valued at approximately $44,000. Investment Counsel Co. of Nevada bought a new position in shares of GeoPark in the fourth quarter valued at about $48,000. R Squared Ltd bought a new position in shares of GeoPark in the fourth quarter valued at about $50,000. Blue Trust Inc. raised its position in shares of GeoPark by 25.6% in the fourth quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company's stock valued at $57,000 after purchasing an additional 1,252 shares during the period. Finally, Barclays PLC raised its position in shares of GeoPark by 392.3% in the third quarter. Barclays PLC now owns 8,974 shares of the oil and gas company's stock valued at $71,000 after purchasing an additional 7,151 shares during the period. 68.21% of the stock is owned by institutional investors.
GeoPark Company Profile
(
Get Free Report)
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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