Geopark (NYSE:GPRK) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Geopark Ltd (NYSE:GPRK) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.07 and traded as high as $9.88. Geopark shares last traded at $9.8150, with a volume of 606,247 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Jefferies Financial Group reissued a “buy” rating and set a $11.50 price target on shares of Geopark in a research note on Thursday, March 5th. Weiss Ratings raised shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Geopark Price Performance

The company’s fifty day moving average is $9.07 and its two-hundred day moving average is $8.17. The firm has a market capitalization of $507.53 million, a price-to-earnings ratio of 10.44 and a beta of 0.35. The company has a quick ratio of 1.51, a current ratio of 1.60 and a debt-to-equity ratio of 2.18.

Geopark (NYSE:GPRK) last announced its quarterly earnings data on Thursday, April 23rd. The oil and gas company reported $999.00 earnings per share for the quarter. Geopark had a net margin of 10.09% and a return on equity of 39.05%.

Geopark Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 11th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, March 11th. Geopark’s dividend payout ratio is currently 12.77%.

Insiders Place Their Bets

In related news, Director James Franklin Park sold 100,000 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $8.83, for a total value of $883,000.00. Following the transaction, the director directly owned 912,118 shares in the company, valued at $8,054,001.94. This represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Hedge Funds Weigh In On Geopark

Several large investors have recently bought and sold shares of GPRK. Caitong International Asset Management Co. Ltd lifted its holdings in Geopark by 86.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock valued at $50,000 after buying an additional 3,134 shares during the period. State of Wyoming raised its holdings in Geopark by 39.2% in the third quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock worth $62,000 after purchasing an additional 2,740 shares during the period. StoneX Group Inc. acquired a new stake in Geopark in the fourth quarter worth $101,000. PharVision Advisers LLC acquired a new stake in Geopark in the third quarter worth $117,000. Finally, Graham Capital Management L.P. acquired a new stake in Geopark in the fourth quarter worth $139,000. 68.21% of the stock is currently owned by institutional investors and hedge funds.

About Geopark

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.