Gastar Exploration (GST) has been under a strong bear grip, hence the stock is down -10.66% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.58% in the past 1 week. The stock has risen by 0.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.32% in the past 4 weeks.
Gastar Exploration Inc. has dropped 2.71% during the last 3-month period . Year-to-Date the stock performance stands at -31.67%. The stock has recorded a 20-day Moving Average of 2.33% and the 50-Day Moving Average is 6.08%.
Gastar Exploration (NYSEMKT:GST): The stock opened at $0.92 on Friday but the bulls could not build on the opening and the stock topped out at $0.93 for the day. The stock traded down to $0.88 during the day, due to lack of any buying support eventually closed down at $0.90 with a loss of -3.49% for the day. The stock had closed at $0.93 on the previous day. The total traded volume was 704,954 shares.
Also, Major Brokerage house, iBERIA Capital Partners reinstates its ratings on Gastar Exploration (NYSEMKT:GST). According to the latest information available, the shares are now rated Sector Perform by the analysts at the agency. The rating by the firm was issued on August 10, 2016.