Gastar Exploration Inc (NYSE:GST) Director Ares Management Llc purchased 1,333,035 shares of Gastar Exploration stock in a transaction that occurred on Monday, May 22nd. The shares were bought at an average price of $1.16 per share, with a total value of $1,546,320.60. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ares Management Llc also recently made the following trade(s):

  • On Tuesday, May 23rd, Ares Management Llc purchased 514,227 shares of Gastar Exploration stock. The shares were bought at an average price of $1.23 per share, with a total value of $632,499.21.
  • On Tuesday, May 2nd, Ares Management Llc purchased 25,456,521 shares of Gastar Exploration stock. The shares were bought at an average price of $1.47 per share, with a total value of $37,421,085.87.

Gastar Exploration Inc (GST) traded up 1.00% on Friday, hitting $1.01. 1,595,848 shares of the company traded hands. The stock’s 50-day moving average is $1.15 and its 200 day moving average is $1.45. Gastar Exploration Inc has a 12 month low of $0.80 and a 12 month high of $2.19. The stock’s market cap is $164.46 million.

Gastar Exploration (NYSE:GST) last announced its earnings results on Wednesday, May 10th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.01. The business had revenue of $18.70 million for the quarter, compared to the consensus estimate of $17.28 million. The company’s revenue was up 26.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.22) EPS. Equities research analysts expect that Gastar Exploration Inc will post ($0.14) earnings per share for the current fiscal year.

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Several research analysts recently weighed in on the stock. FBR & Co set a $1.50 price target on shares of Gastar Exploration and gave the stock a “hold” rating in a research report on Saturday, March 11th. Canaccord Genuity set a $2.50 price target on shares of Gastar Exploration and gave the stock a “buy” rating in a research report on Wednesday, March 22nd. Finally, Williams Capital set a $2.00 price target on shares of Gastar Exploration and gave the stock a “hold” rating in a research report on Thursday, May 11th.

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