Geopark (NYSE:GPRK) Stock Passes Above 200-Day Moving Average – Should You Sell?

Geopark Ltd (NYSE:GPRK)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.45 and traded as high as $9.90. Geopark shares last traded at $9.7380, with a volume of 342,521 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on GPRK shares. Weiss Ratings upgraded Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Jefferies Financial Group restated a “buy” rating and issued a $11.50 price objective on shares of Geopark in a research report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Geopark Stock Up 0.1%

The company has a market cap of $503.55 million, a PE ratio of 9.27 and a beta of 0.35. The business has a 50-day simple moving average of $9.41 and a 200-day simple moving average of $8.45. The company has a quick ratio of 0.96, a current ratio of 1.00 and a debt-to-equity ratio of 1.51.

Geopark (NYSE:GPRK) last issued its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $140.00 million. Geopark had a return on equity of 36.71% and a net margin of 11.74%.

Geopark Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th will be given a dividend of $0.023 per share. The ex-dividend date is Wednesday, May 20th. This represents a $0.09 dividend on an annualized basis and a yield of 0.9%. Geopark’s dividend payout ratio is currently 8.57%.

Insider Transactions at Geopark

In other Geopark news, Director James Franklin Park sold 100,000 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $8.83, for a total transaction of $883,000.00. Following the transaction, the director owned 912,118 shares in the company, valued at approximately $8,054,001.94. This represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Geopark

Hedge funds have recently made changes to their positions in the company. GSA Capital Partners LLP acquired a new position in shares of Geopark during the third quarter valued at approximately $576,000. State of Wyoming raised its holdings 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 valued at $62,000 after acquiring an additional 2,740 shares during the last quarter. Sycale Advisors NY LLC acquired a new position in shares of Geopark during the first quarter valued at approximately $3,222,000. Channing Global Advisors LLC acquired a new position in shares of Geopark during the first quarter valued at approximately $395,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of Geopark during the first quarter valued at approximately $686,000. 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.