Gulfport Energy (OTCMKTS:GPORQ) Stock Price Down 0.8% – Time to Sell?

Shares of Gulfport Energy Co. (OTCMKTS:GPORQGet Free Report) traded down 0.8% during mid-day trading on Wednesday . The stock traded as low as $193.00 and last traded at $196.37. 306,817 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 2,578,359 shares. The stock had previously closed at $198.00.

Gulfport Energy Stock Performance

The stock has a fifty day simple moving average of $197.15 and a 200 day simple moving average of $190.95. The firm has a market cap of $31.57 billion, a P/E ratio of -28.63 and a beta of 5.50.

Gulfport Energy Company Profile

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Gulfport Energy is an independent oil and natural gas company engaged in the exploration, development and production of hydrocarbon reserves. The company’s activities focus on locating and developing onshore resources and converting discovered volumes into produced natural gas, natural gas liquids (NGLs) and oil for sale into domestic energy markets. Its operational work includes lease acquisition, drilling, well completion and production optimization aimed at maximizing recovery from its acreage positions.

Gulfport serves U.S.

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