Geopark (GPRK) Stock Price Up 1.4%

Geopark (NYSE:GPRK) shares rose 1.4% on Wednesday . The stock traded as high as $15.60 and last traded at $15.72. Approximately 11,426 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 215,895 shares. The stock had previously closed at $15.51.

GPRK has been the subject of several analyst reports. GMP Securities restated a “buy” rating and issued a $20.00 target price on shares of Geopark in a research note on Friday, March 9th. Canaccord Genuity set a $13.00 target price on shares of Geopark and gave the company a “buy” rating in a research note on Friday, March 2nd. Scotiabank restated an “outperform” rating and issued a $14.00 target price on shares of Geopark in a research note on Thursday, March 8th. ValuEngine upgraded shares of Geopark from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research downgraded shares of Geopark from a “buy” rating to a “hold” rating in a research note on Thursday, April 19th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $14.43.

The company has a current ratio of 1.11, a quick ratio of 1.05 and a debt-to-equity ratio of 2.81. The company has a market cap of $917.10 million, a P/E ratio of -50.16 and a beta of -0.05.

Geopark (NYSE:GPRK) last posted its quarterly earnings data on Thursday, March 8th. The oil and gas company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.41). Geopark had a negative net margin of 2.45% and a negative return on equity of 1.90%. The company had revenue of $106.30 million for the quarter, compared to the consensus estimate of $100.00 million. sell-side analysts expect that Geopark will post 2 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. C WorldWide Group Holding A S raised its holdings in shares of Geopark by 9.5% during the first quarter. C WorldWide Group Holding A S now owns 55,631 shares of the oil and gas company’s stock worth $690,000 after purchasing an additional 4,831 shares during the period. Deltec Asset Management LLC raised its holdings in shares of Geopark by 4.1% during the fourth quarter. Deltec Asset Management LLC now owns 191,722 shares of the oil and gas company’s stock worth $1,900,000 after purchasing an additional 7,546 shares during the period. Fred Alger Management Inc. raised its holdings in shares of Geopark by 10.5% during the fourth quarter. Fred Alger Management Inc. now owns 79,653 shares of the oil and gas company’s stock worth $789,000 after purchasing an additional 7,570 shares during the period. Macquarie Group Ltd. raised its holdings in shares of Geopark by 6.5% during the fourth quarter. Macquarie Group Ltd. now owns 134,749 shares of the oil and gas company’s stock worth $1,335,000 after purchasing an additional 8,242 shares during the period. Finally, Pendal Group Ltd acquired a new stake in shares of Geopark during the first quarter worth $124,000. Hedge funds and other institutional investors own 19.56% of the company’s stock.

About Geopark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2017, the company had working and/or economic interests in 24 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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