Gastar Exploration Inc (NYSEAMERICAN:GST) was the recipient of a significant decline in short interest during the month of January. As of January 12th, there was short interest totalling 17,980,129 shares, a decline of 8.3% from the December 29th total of 19,613,836 shares. Currently, 8.9% of the shares of the stock are sold short. Based on an average trading volume of 1,658,041 shares, the short-interest ratio is currently 10.8 days.

GST has been the topic of a number of research analyst reports. Zacks Investment Research lowered Gastar Exploration from a “hold” rating to a “sell” rating in a research note on Tuesday, November 21st. Seaport Global Securities raised Gastar Exploration from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 19th. KeyCorp reaffirmed a “hold” rating on shares of Gastar Exploration in a research note on Monday, November 13th. ValuEngine lowered Gastar Exploration from a “sell” rating to a “strong sell” rating in a research note on Monday, October 16th. Finally, Imperial Capital lifted their price target on Gastar Exploration from $1.00 to $1.50 and gave the stock an “in-line” rating in a research note on Friday. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Gastar Exploration has a consensus rating of “Hold” and an average target price of $1.89.

Gastar Exploration (NYSEAMERICAN GST) opened at $1.12 on Tuesday. Gastar Exploration has a 1 year low of $0.38 and a 1 year high of $2.19. The company has a market capitalization of $273.68, a P/E ratio of -4.67 and a beta of 3.48.

Gastar Exploration (NYSEAMERICAN:GST) last announced its quarterly earnings data on Wednesday, November 8th. The energy company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.01). The company had revenue of $15.30 million during the quarter, compared to analysts’ expectations of $20.06 million. During the same quarter last year, the firm posted ($0.08) EPS. The business’s quarterly revenue was up 17.7% compared to the same quarter last year.

A hedge fund recently raised its stake in Gastar Exploration stock. Deprince Race & Zollo Inc. raised its holdings in Gastar Exploration Inc (NYSEAMERICAN:GST) by 24.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 921,358 shares of the energy company’s stock after purchasing an additional 180,272 shares during the quarter. Deprince Race & Zollo Inc. owned 0.42% of Gastar Exploration worth $967,000 as of its most recent SEC filing.

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About Gastar Exploration

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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