Gulfport Energy Corporation s chart and data analysis indicates that the stock price has dropped -31.42% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -38.8% . Looking at the past 52 week period, the stock price is down -24.81% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Gulfport Energy Corporation has a negative value of -23.64 compared to overall market performance.
Gulfport Energy Corp. stock has recorded a 20-day Moving Average of 11.34% and the 50-Day Moving Average is 15.73%.The 200 Day SMA reached 32.21%Based on the Stock Research the Relative Strength Index signal is in over sold territory with a range of 23.01. Gulfport Energy Corporation (NASDAQ:GPOR) has tumbled 6.98% during the past week and has dropped 18.01% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 7.62%. Gulfport Energy Corporation (NASDAQ:GPOR) has underperformed the index by 20.53% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Gulfport Energy Corporation (NASDAQ:GPOR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.52 points or 2.79% at $18.12 with 3,869,493 shares getting traded. Post opening the session at $18.53, the shares hit an intraday low of $18.04 and an intraday high of $18.59 and the price was in this range throughout the day. The company has a market cap of $2,878 million and the number of outstanding shares has been calculated to be 158,829,820 shares. The 52-week high of Gulfport Energy Corporation (NASDAQ:GPOR) is $34.67 and the 52-week low is $18.04.
Currently the company Insiders own 0.31% of Gulfport Energy Corporation shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Aug 24, 2016, Steve Baldwin (VP of Reservoir Engineering) sold 566 shares at 27.00 per share price.On Jun 22, 2016, Stuart Maier (Vice President of Geosciences) sold 10,000 shares at 33.35 per share price.On Jun 17, 2016, Michael G Moore (President & CEO) sold 20,000 shares at 32.95 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Gulfport Energy Corporation was Reiterated by Barclays on Feb 16, 2017 to Overweight, Lowers Price Target to $ 30 from a previous price target of $35 .Gulfport Energy Corporation was Upgraded by Guggenheim to Buy on Dec 19, 2016. Gulfport Energy Corporation was Reiterated by Williams Capital Group on Dec 19, 2016 to Buy, Lowers Price Target to $ 32 from a previous price target of $36 .
Gulfport Energy Corporation Last issued its quarterly earnings results on Feb 13, 2017. The company reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $0.21. The company had revenue of $63.41 million for the quarter, compared to analysts expectations of $197.91 million. The companys revenue was down -66.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.01 EPS.
Gulfport Energy owns and operates mature oil and gas properties in the Louisiana Gulf Coast area. The company seeks to achieve reserve growth and increased cash flow from operations through low risk development activities on its existing properties and acquiring additional Louisiana Gulf Coast properties with exploitation and exploration potential.