A number of other research analysts have also commented on the stock. GMP Securities reiterated a buy rating and issued a $20.00 price target on shares of Geopark in a research note on Friday, March 9th. Canaccord Genuity set a $13.00 price target on shares of Geopark and gave the company a buy rating in a research note on Friday, March 2nd. ValuEngine upgraded shares of Geopark from a sell rating to a hold rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research downgraded shares of Geopark from a strong-buy rating to a sell rating in a report on Tuesday, February 20th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of $13.71.
GPRK traded up $0.41 on Thursday, reaching $13.01. The company had a trading volume of 170,266 shares, compared to its average volume of 170,775. Geopark has a fifty-two week low of $6.48 and a fifty-two week high of $13.12. The company has a current ratio of 1.29, a quick ratio of 1.26 and a debt-to-equity ratio of 3.30.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its holdings in Geopark by 20.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,785,800 shares of the oil and gas company’s stock valued at $17,697,000 after purchasing an additional 298,800 shares during the period. Acadian Asset Management LLC boosted its holdings in Geopark by 12.4% in the 4th quarter. Acadian Asset Management LLC now owns 342,955 shares of the oil and gas company’s stock valued at $3,398,000 after purchasing an additional 37,933 shares during the period. California Public Employees Retirement System boosted its holdings in Geopark by 7.9% in the 3rd quarter. California Public Employees Retirement System now owns 283,924 shares of the oil and gas company’s stock valued at $2,487,000 after purchasing an additional 20,824 shares during the period. Compass Group LLC bought a new stake in shares of Geopark during the 4th quarter worth approximately $2,242,000. Finally, Boston Partners lifted its holdings in shares of Geopark by 10.3% during the 4th quarter. Boston Partners now owns 209,834 shares of the oil and gas company’s stock worth $2,079,000 after acquiring an additional 19,527 shares during the period. 19.52% of the stock is 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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