Gastar Exploration Inc. was a big mover last session, as the company saw its shares rise nearly 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $0.91–$1.07 in the past one-month time frame, witnessed a sharp increase yesterday.
Gastar Exploration has seen one negative estimate revisions over the past one month. The Zacks Consensus Estimate for the current quarter has also revised downward over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Gastar Exploration currently has a Zacks Rank #3 (Hold) while its Earnings ESPis positive.
Gastar Exploration Inc. Price and Consensus
Another stock in the Oil and Gas - Exploration and Production - Canadian industry is Transglobe Energy Corp.(TGA - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is GST going up? Or down? Predict to see what others think: Up or Down
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