Company Shares of Gastar Exploration (NYSEMKT:GST) Drops by -15.32%

Gastar Exploration (NYSEMKT:GST) has risen sharply, recording gains of 5% in the past 4 weeks. However, the stock has corrected -15.32% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.34% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have dropped -62.10% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $2.63 and the one year low was seen on Feb 25, 2016. The 50-Day Moving Average price is $0.96 and the 200 Day Moving Average price is recorded at $1.12.

The stock has recorded a 20-day Moving Average of 3.49% and the 50-Day Moving Average is 15.32%.


Gastar Exploration (NYSEMKT:GST): On Fridays trading session , Opening price of the stock was $0.941 with an intraday high of $0.98. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.9237. However, the stock managed to close at $0.94, a loss of 0.04% for the day. On the previous day, the stock had closed at $0.9404. The total traded volume of the day was 1,185,409 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Gerlich Michael A, officer (Senior VP & CFO) of Gastar Exploration Inc., had unloaded 60,000 shares at an average price of $2.65 in a transaction dated on April 1, 2015. The total value of the transaction was worth $159,000.

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