GeoPark (NYSE:GPRK) Upgraded by ValuEngine to Sell

ValuEngine upgraded shares of GeoPark (NYSE:GPRK) from a strong sell rating to a sell rating in a research note released on Tuesday, ValuEngine reports.

GPRK has been the topic of a number of other research reports. Zacks Investment Research cut GeoPark from a hold rating to a strong sell rating in a research note on Wednesday, November 13th. GMP Securities assumed coverage on shares of GeoPark in a research note on Friday, July 26th. They set a buy rating and a $26.00 price objective on the stock.

NYSE GPRK traded down $0.72 during trading hours on Tuesday, hitting $18.27. The company had a trading volume of 165,987 shares, compared to its average volume of 211,866. The firm’s 50 day moving average is $18.44 and its 200 day moving average is $17.61. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.06 and a quick ratio of 1.00. GeoPark has a fifty-two week low of $10.89 and a fifty-two week high of $20.30. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 12.43 and a beta of 0.65.

The business also recently declared a dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.0413 per share. The ex-dividend date of this dividend is Thursday, November 21st.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC acquired a new position in shares of GeoPark in the 2nd quarter worth approximately $78,000. Ellington Management Group LLC acquired a new position in shares of GeoPark in the 2nd quarter valued at about $254,000. Atria Investments LLC acquired a new position in shares of GeoPark in the 2nd quarter valued at about $255,000. Mackenzie Financial Corp bought a new stake in shares of GeoPark during the 2nd quarter valued at about $356,000. Finally, A.R.T. Advisors LLC bought a new stake in shares of GeoPark during the 2nd quarter valued at about $445,000. Hedge funds and other institutional investors own 29.50% of the company’s stock.

GeoPark Company Profile

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, Argentina, and Ecuador. As of December 31, 2017, the company had working and/or economic interests in 24 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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