Geopark (NYSE:GPRK) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

Other equities research analysts have also recently issued research reports about the stock. GMP Securities reissued a “buy” rating on shares of Geopark in a research note on Friday, August 18th. TheStreet lowered Geopark from a “c-” rating to a “d+” rating in a report on Wednesday. Scotiabank raised their price objective on Geopark from $10.00 to $10.50 and gave the company an “outperform” rating in a report on Thursday, November 16th. Zacks Investment Research upgraded Geopark from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a report on Friday, October 27th. Finally, Canaccord Genuity began coverage on Geopark in a report on Thursday, September 21st. They set a “buy” rating and a $11.50 price target on the stock. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $11.68.

Shares of Geopark (NYSE GPRK) traded up $0.04 during midday trading on Friday, hitting $8.65. 46,329 shares of the stock were exchanged, compared to its average volume of 109,281. Geopark has a twelve month low of $4.04 and a twelve month high of $9.98. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.75 and a current ratio of 1.80.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Trexquant Investment LP purchased a new stake in Geopark in the second quarter valued at approximately $102,000. Ingalls & Snyder LLC purchased a new stake in Geopark in the third quarter valued at approximately $105,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Geopark during the second quarter worth approximately $114,000. GSA Capital Partners LLP purchased a new stake in shares of Geopark during the second quarter worth approximately $129,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Geopark during the second quarter worth approximately $144,000. 19.10% of the stock is owned by hedge funds and other institutional investors.

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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, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Geopark (NYSE:GPRK)

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