Gastar Exploration Inc (GST) Receives Average Recommendation of “Hold” from Brokerages
Shares of Gastar Exploration Inc (NYSEMKT:GST) have received a consensus rating of “Hold” from the twelve ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $2.00.
Several research firms recently issued reports on GST. ValuEngine cut Gastar Exploration from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Seaport Global Securities cut Gastar Exploration from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st.
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Gastar Exploration (GST) traded down 5.183% on Tuesday, hitting $0.525. The stock had a trading volume of 1,207,724 shares. The company’s market cap is $104.76 million. The stock has a 50 day moving average price of $0.70 and a 200 day moving average price of $1.13. Gastar Exploration has a 1-year low of $0.38 and a 1-year high of $2.19.
Gastar Exploration Company Profile
Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company’s principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays.
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