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Gastar Exploration (GST) Jumps: Stock Rises by 5.7%

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Gastar Exploration Inc. was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $1.05 to $1.17 since Oct 12, showed a pick-up yesterday at $1.11.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Gastar Exploration currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.

A better-ranked stock in the same industry is Bellatrix Exploration Ltd. , carrying a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is GST going up? Or down? Predict to see what others think: Up or Down

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