GeoPark (NYSE:GPRK) Share Price Crosses Below 200 Day Moving Average - What's Next?

Shares of GeoPark Limited (NYSE:GPRK - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.85 and traded as low as $7.61. GeoPark shares last traded at $7.73, with a volume of 571,207 shares.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of GeoPark from a "hold" rating to a "buy" rating in a report on Friday, March 14th.

GeoPark Price Performance

The firm's 50-day moving average is $8.91 and its two-hundred day moving average is $8.85. The company has a market cap of $395.23 million, a P/E ratio of 3.92 and a beta of 1.37. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23.

GeoPark (NYSE:GPRK - Get Free Report) last issued its earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.43). The company had revenue of $143.70 million for the quarter, compared to analysts' expectations of $141.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Analysts anticipate that GeoPark Limited will post 1.97 earnings per share for the current year.

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GeoPark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 19th will be paid a $0.147 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date of this dividend is Wednesday, March 19th. GeoPark's dividend payout ratio (DPR) is presently 32.22%.

Hedge Funds Weigh In On GeoPark

A number of large investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC bought a new position in GeoPark in the fourth quarter worth about $188,000. Point72 Asset Management L.P. acquired a new position in shares of GeoPark during the fourth quarter valued at about $207,000. Numerai GP LLC increased its holdings in GeoPark by 113.0% in the 4th quarter. Numerai GP LLC now owns 34,060 shares of the oil and gas company's stock worth $316,000 after buying an additional 18,067 shares during the period. Glenorchy Capital Ltd acquired a new position in GeoPark in the 4th quarter worth approximately $1,669,000. Finally, Graham Capital Management L.P. increased its holdings in GeoPark by 120.2% in the 4th quarter. Graham Capital Management L.P. now owns 45,120 shares of the oil and gas company's stock worth $418,000 after buying an additional 24,631 shares during the period. 68.21% of the stock is currently owned by institutional investors.

About GeoPark

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.