Williams Capital Group Initiates Coverage on Gastar Exploration Inc to Hold

Williams Capital Group Initiates Coverage on Gastar Exploration Inc(NYSEMKT:GST). The shares have been rated Hold. The rating by Williams Capital Group was issued on Aug 29, 2016.

In a different note, On Aug 10, 2016, iBERIA Capital Partners said it Reinstates its rating on Gastar Exploration Inc. The shares have been rated ‘Sector Perform’ by the firm.

Gastar Exploration Inc (GST) made into the market gainers list on Thursdays trading session with the shares advancing 1.03% or 0.0096 points. Due to strong positive momentum, the stock ended at $0.9396, which is also near the day’s high of $0.9689. The stock began the session at $0.9301 and the volume stood at 4,85,118 shares. The 52-week high of the shares is $2.21 and the 52 week low is $0.5653. The company has a current market capitalization of $124 M and it has 13,17,26,084 shares in outstanding.

Gastar Exploration Inc(GST) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $12.15M. Analysts had an estimated revenue of $13.74M. Earnings per share were $-0.12. Analysts had estimated an EPS of $-0.11.

Several Insider Transactions has been reported to the SEC. On Apr 1, 2015, Michael A Gerlich (Senior VP & CFO) sold 60,000 shares at $2.65 per share price.Also, On Mar 31, 2015, J Russell Porter (Chief Executive Officer & Pres) sold 50,000 shares at $2.64 per share price.On Mar 23, 2015, John Michael Sr Selser (director) sold 20,000 shares at $2.63 per share price, according to the Form-4 filing with the securities and exchange commission.

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