Gulfport Energy Corporation (NASDAQ:GPOR) has climbed 0.7% in the past week and advanced 12.43% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.91% and the outperformance has advanced to 11.41% for the last 4 weeks period.
Gulfport Energy Corporation (NASDAQ:GPOR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.10 and $32.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.98. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.92, notching a gain of 3.39% for the day. The total traded volume was 2,430,253 . The stock had closed at $31.84 on the previous day.
The company shares have dropped -23.17% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $43.35 and the one year low was seen on Dec 14, 2015. The 50-Day Moving Average price is $30.55 and the 200 Day Moving Average price is recorded at $27.28.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Moore Michael G, director officer (President & CEO) of Gulfport Energy Corp, had unloaded 20,000 shares at an average price of $32.95 in a transaction dated on June 15, 2016. The total value of the transaction was worth $659,000.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Deutsche Bank, downgrades their rating on the shares of Gulfport Energy Corporation (NASDAQ:GPOR). Deutsche Bank has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 14, 2016. Currently the company Insiders own 0.39% of Gulfport Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.36% . Institutional Investors own 99.19% of Gulfport Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -16.36%.
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of crude oil, natural gas liquids and natural gas in the United States. It has developed an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Companys principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), and Hackberry fields. In addition, the Company has producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. It also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand.