Zacks Investment Research lowered shares of Geopark Ltd. (NYSE:GPRK) from a buy rating to a hold rating in a research note released on Wednesday.

According to Zacks, “GeoPark Ltd is an explorer, operator and consolidator of oil and gas. The company operates primarily in Chile, Colombia, Brazil and Argentina. GeoPark Ltd is based in Hamilton, Bermuda. “

Shares of Geopark (NYSE:GPRK) traded up 1.16% during midday trading on Wednesday, hitting $3.50. The company had a trading volume of 600 shares. The firm’s market capitalization is $209.39 million. The firm’s 50-day moving average is $3.42 and its 200-day moving average is $3.08. Geopark has a 12-month low of $1.90 and a 12-month high of $3.75.

An institutional investor recently raised its position in Geopark stock. Renaissance Technologies LLC raised its position in shares of Geopark Ltd. (NYSE:GPRK) by 15.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,000 shares of the company’s stock after buying an additional 4,700 shares during the period. Renaissance Technologies LLC owned about 0.06% of Geopark worth $105,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 36.24% of the company’s stock.

5 Day Chart for NYSE:GPRK

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