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Gastar Exploration (GST) Jumps: Stock Rises 8.5%
January 02, 2014

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Gastar Exploration, Inc. (GST - Free Report) was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 36% since Dec 11.

This independent oil & gas company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Gastar Exploration currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the basic materials sector include AK Steel Holding Corporation (AKS - Free Report) , The Andersons, Inc. (ANDE - Free Report) and Cliffs Natural Resources Inc. (CLF - Free Report) . All these stocks hold a Zacks Rank #1 (Strong Buy).

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