Large Inflow of Money Witnessed in Gulfport Energy Corporation

Gulfport Energy Corporation (GPOR) : Thursdays money flow indicated an uptick to downtick ratio was at 1.25. The total value of inflow transactions on upticks was $8.58 million, whereas, the total value of outflow trades on downticks was $6.87 million. The total money flow was $1.71 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.4 million. The total value of the trades done on upticks was $2.92 million. Downticks saw transactions worth $1.53 million. The total uptick to downtick ratio stood at 1.92, mildly in favor of the bulls. Gulfport Energy Corporation (GPOR) was trading with a -1.5% change over previous days close. It fell $0.46 during the day and reached $30.14. The stock was -4.8% compared to the previous weeks close.


Gulfport Energy Corporation (GPOR) : The highest level Gulfport Energy Corporation (GPOR) is projected to reach is $56 for the short term and the lowest estimate is at $32. The consolidated price target from 20 rating analysts who initiate coverage on the stock is $37.95 and the possibility the share price can swing is $6.38. The stock has recorded a 20-day Moving Average of 6.69% and the 50-Day Moving Average is 2.87%.

Gulfport Energy Corporation (NASDAQ:GPOR): The stock opened at $30.94 on Thursday but the bulls could not build on the opening and the stock topped out at $31.22 for the day. The stock traded down to $29.61 during the day, due to lack of any buying support eventually closed down at $29.96 with a loss of -2.09% for the day. The stock had closed at $30.60 on the previous day. The total traded volume was 2,477,059 shares.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of crude oil, natural gas liquids and natural gas in the United States. It has developed an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Companys principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), and Hackberry fields. In addition, the Company has producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. It also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand.

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