GeoPark (NYSE:GPRK - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Sunday.
GeoPark Price Performance
GPRK traded down $0.01 during trading on Friday, reaching $7.01. 570,392 shares of the company traded hands, compared to its average volume of 559,201. GeoPark has a 12-month low of $5.66 and a 12-month high of $11.72. The firm has a fifty day simple moving average of $7.45 and a 200 day simple moving average of $8.64. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.23 and a current ratio of 1.28. The company has a market cap of $358.99 million, a P/E ratio of 3.56 and a beta of 0.93.
GeoPark (NYSE:GPRK - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.43). The company had revenue of $143.70 million during the quarter, compared to analysts' expectations of $141.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. On average, equities analysts forecast that GeoPark will post 1.97 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Investment Counsel Co. of Nevada bought a new position in GeoPark during the fourth quarter valued at $48,000. R Squared Ltd purchased a new stake in shares of GeoPark during the 4th quarter valued at about $50,000. Blue Trust Inc. lifted its holdings in shares of GeoPark by 25.6% in the 4th quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company's stock valued at $57,000 after acquiring an additional 1,252 shares during the last quarter. Barclays PLC grew its position in GeoPark by 392.3% in the third quarter. Barclays PLC now owns 8,974 shares of the oil and gas company's stock worth $71,000 after acquiring an additional 7,151 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in GeoPark during the first quarter worth approximately $99,000. 68.21% of the stock is owned by hedge funds and other institutional investors.
GeoPark Company Profile
(
Get Free Report)
GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.
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