Geopark (NYSE:GPRK) Shares Pass Below 50 Day Moving Average – What’s Next?

Geopark Ltd (NYSE:GPRK)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.50 and traded as low as $7.13. Geopark shares last traded at $7.1650, with a volume of 344,040 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on GPRK shares. Wall Street Zen upgraded shares of Geopark from a “sell” rating to a “hold” rating in a research note on Friday, September 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Geopark in a research note on Monday, December 15th. Finally, Santander started coverage on Geopark in a research note on Friday, August 29th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Geopark Trading Up 1.1%

The stock has a market cap of $367.21 million, a PE ratio of 11.02 and a beta of 0.56. The company’s fifty day moving average is $7.50 and its 200-day moving average is $6.97. The company has a debt-to-equity ratio of 2.70, a current ratio of 2.63 and a quick ratio of 2.57.

Geopark (NYSE:GPRK) last announced its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.11. The company had revenue of $125.10 million for the quarter, compared to the consensus estimate of $114.00 million. Geopark had a return on equity of 33.42% and a net margin of 6.45%. On average, analysts predict that Geopark Ltd will post 1.97 earnings per share for the current fiscal year.

Geopark Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 19th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, November 19th. Geopark’s dividend payout ratio (DPR) is 18.46%.

Institutional Investors Weigh In On Geopark

Several hedge funds have recently bought and sold shares of GPRK. Glenorchy Capital Ltd lifted its stake in shares of Geopark by 1.4% in the 2nd quarter. Glenorchy Capital Ltd now owns 181,274 shares of the oil and gas company’s stock valued at $1,182,000 after purchasing an additional 2,562 shares during the period. State of Wyoming increased its holdings in Geopark by 39.2% in the third quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock valued at $62,000 after buying an additional 2,740 shares in the last quarter. Nebula Research & Development LLC raised its position in shares of Geopark by 11.5% in the second quarter. Nebula Research & Development LLC now owns 27,028 shares of the oil and gas company’s stock worth $176,000 after acquiring an additional 2,793 shares during the period. SVB Wealth LLC purchased a new stake in shares of Geopark during the 1st quarter worth about $27,000. Finally, Lazard Asset Management LLC grew its position in shares of Geopark by 6.0% during the 2nd quarter. Lazard Asset Management LLC now owns 66,288 shares of the oil and gas company’s stock valued at $432,000 after acquiring an additional 3,742 shares during the period. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.