Gastar Exploration Inc (GST) Set to Announce Quarterly Earnings on Wednesday
Gastar Exploration Inc (NYSEMKT:GST) will be issuing its quarterly earnings data after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.
Gastar Exploration Inc (NYSEMKT:GST) opened at 0.82 on Wednesday. Gastar Exploration Inc has a 12-month low of $0.38 and a 12-month high of $2.19. The firm has a 50-day moving average price of $0.76 and a 200 day moving average price of $0.90. The firm’s market cap is $163.63 million.
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A number of research firms have recently weighed in on GST. ValuEngine downgraded shares of Gastar Exploration from a “sell” rating to a “strong sell” rating in a research report on Monday, October 16th. Imperial Capital reiterated an “in-line” rating on shares of Gastar Exploration in a research report on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Gastar Exploration presently has a consensus rating of “Hold” and a consensus target price of $2.25.
Gastar Exploration Company Profile
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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