Geopark Ltd (NYSE:GPRK)’s share price reached a new 52-week high on Wednesday . The company traded as high as $10.98 and last traded at $10.48, with a volume of 177400 shares traded. The stock had previously closed at $10.12.

Several equities analysts have weighed in on GPRK shares. Canaccord Genuity began coverage on shares of Geopark in a report on Thursday, September 21st. They issued a “buy” rating and a $11.50 target price on the stock. Zacks Investment Research upgraded shares of Geopark from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Scotiabank upped their price objective on shares of Geopark from $10.00 to $10.50 and gave the stock an “outperform” rating in a report on Thursday, November 16th. GMP Securities restated a “buy” rating and issued a $14.00 price objective on shares of Geopark in a report on Sunday, November 19th. Finally, TheStreet lowered shares of Geopark from a “c-” rating to a “d+” rating in a report on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $12.11.

The company has a market cap of $606.60, a P/E ratio of -14.88 and a beta of 0.30. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.80 and a quick ratio of 1.75.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Fred Alger Management Inc. increased its stake in Geopark by 17.2% during the 2nd quarter. Fred Alger Management Inc. now owns 60,705 shares of the oil and gas company’s stock worth $458,000 after buying an additional 8,925 shares during the period. Ingalls & Snyder LLC purchased a new stake in Geopark during the 3rd quarter worth approximately $105,000. Goldman Sachs Group Inc. increased its stake in Geopark by 19.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 89,329 shares of the oil and gas company’s stock worth $674,000 after buying an additional 14,517 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in Geopark during the 2nd quarter worth approximately $114,000. Finally, GSA Capital Partners LLP purchased a new stake in Geopark during the 2nd quarter worth approximately $129,000. 18.95% of the stock is currently owned by hedge funds and other institutional investors.

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Geopark Company Profile

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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