Shares of Gastar Exploration Inc (NYSEAMERICAN:GST) traded up 5.4% during mid-day trading on Monday . The stock traded as high as $1.36 and last traded at $1.36. 1,663,200 shares traded hands during trading, a decline of 21% from the average session volume of 2,108,900 shares. The stock had previously closed at $1.29.

Several equities analysts have recently commented on the stock. ValuEngine raised shares of Gastar Exploration from a “strong sell” rating to a “sell” rating in a research note on Monday, October 2nd. Imperial Capital reissued an “in-line” rating on shares of Gastar Exploration in a research note on Tuesday, September 19th. Seaport Global Securities raised shares of Gastar Exploration from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 19th. Zacks Investment Research upgraded shares of Gastar Exploration from a “sell” rating to a “hold” rating in a report on Friday, December 15th. Finally, KeyCorp restated a “hold” rating on shares of Gastar Exploration in a report on Monday, November 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $1.88.

The firm has a market cap of $282.43, a PE ratio of -5.67 and a beta of 3.48.

Gastar Exploration (NYSEAMERICAN:GST) last issued its quarterly earnings data on Wednesday, November 8th. The energy company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). The business had revenue of $15.30 million for the quarter, compared to analyst estimates of $20.06 million. During the same period in the prior year, the firm earned ($0.08) earnings per share. The firm’s quarterly revenue was up 17.7% on a year-over-year basis.

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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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