Gastar Exploration Inc (GST) is Initiated by Williams Capital Group to Hold, Price Target at $1

Gastar Exploration Inc (GST) was Initiated by Williams Capital Group to “Hold” and the brokerage firm has set the Price Target at $1. Williams Capital Group advised their investors in a research report released on Aug 29, 2016.

Many Wall Street Analysts have commented on Gastar Exploration Inc. Gastar Exploration Inc was Initiated by Iberia to “Sector Perform” on Aug 10, 2016.

On the company’s financial health, Gastar Exploration Inc reported $-0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.11. The company had revenue of $12.20 million for the quarter, compared to analysts expectations of $14.99 million. The company’s revenue was down -44.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.13 EPS.

Gastar Exploration Inc opened for trading at $0.8801 and hit $0.93 on the upside on Tuesday, eventually ending the session at $0.9199, with a gain of 4.06% or 0.0359 points. The heightened volatility saw the trading volume jump to 9,14,726 shares. Company has a market cap of $121 M.

In a different news, on Apr 1, 2015, Michael A Gerlich (Senior VP & CFO) sold 60,000 shares at $2.65 per share price. According to the SEC, on Mar 31, 2015, J Russell Porter (Chief Executive Officer & Pres) sold 50,000 shares at $2.64 per share price. On Mar 23, 2015, John Michael Sr Selser (director) sold 20,000 shares at $2.63 per share price, according to the Form-4 filing with the securities and exchange commission.

Gastar Exploration Inc

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