Geopark (NYSE:GPRK) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Geopark Ltd (NYSE:GPRK) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.50 and traded as low as $7.13. Geopark shares last traded at $7.1650, with a volume of 344,040 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on GPRK shares. Wall Street Zen upgraded Geopark from a “sell” rating to a “hold” rating in a research note on Friday, September 5th. Santander started coverage on shares of Geopark in a report on Friday, August 29th. They set an “outperform” rating on the stock. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Geopark in a report on Monday, December 15th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Geopark currently has a consensus rating of “Moderate Buy”.

Geopark Price Performance

The company has a market cap of $367.21 million, a PE ratio of 11.02 and a beta of 0.56. The company has a quick ratio of 2.57, a current ratio of 2.63 and a debt-to-equity ratio of 2.70. The firm has a 50 day simple moving average of $7.50 and a 200-day simple moving average of $6.97.

Geopark (NYSE:GPRK) last released its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.31 by $0.11. Geopark had a net margin of 6.45% and a return on equity of 33.42%. The business had revenue of $125.10 million during the quarter, compared to analyst estimates of $114.00 million. As a group, research analysts predict that Geopark Ltd will post 1.97 earnings per share for the current fiscal year.

Geopark Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 19th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, November 19th. Geopark’s payout ratio is currently 18.46%.

Institutional Trading of Geopark

Institutional investors have recently made changes to their positions in the business. SVB Wealth LLC acquired a new position in Geopark during the 1st quarter valued at about $27,000. State of Wyoming grew its stake in shares of Geopark by 39.2% during the third quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock worth $62,000 after acquiring an additional 2,740 shares during the last quarter. Entropy Technologies LP acquired a new position in shares of Geopark during the second quarter valued at about $99,000. Hsbc Holdings PLC purchased a new position in shares of Geopark in the 1st quarter valued at approximately $100,000. Finally, R Squared Ltd purchased a new position in shares of Geopark in the 2nd quarter valued at approximately $113,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.