Gastar Exploration Inc (GST) to Release Quarterly Earnings on Thursday
Gastar Exploration Inc (NYSEMKT:GST) will announce its earnings results after the market closes on Thursday, August 3rd. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.
Gastar Exploration Inc (GST) traded up 1.4741% during mid-day trading on Thursday, reaching $0.8949. 190,957 shares of the company traded hands. The stock’s market capitalization is $145.72 million. Gastar Exploration Inc has a 52-week low of $0.80 and a 52-week high of $2.19. The stock has a 50-day moving average of $0.95 and a 200 day moving average of $1.35.
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Several equities research analysts have recently issued reports on GST shares. ValuEngine lowered shares of Gastar Exploration from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. EuroPacific Canada reissued a “buy” rating and issued a $2.25 price objective on shares of Gastar Exploration in a research report on Sunday, April 23rd. Finally, Seaport Global Securities lowered shares of Gastar Exploration from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $2.14.
About Gastar Exploration
Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company’s principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays.
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