Gulfport Energy Corporation (GPOR): From Top to Bottom

Gulfport Energy Corporation (GPOR) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas. The stock has been active on the tape, currently trading at $13.02, up from yesterday’s close by 2.44%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Gulfport Energy Corporation (GPOR) currently trades with a market capitalization of $2.52 Billion. That value represents a market adjusting for revenues that have been growing by 37.07 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$1.85 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.4 on a per share basis this quarter. Perhaps, that suggests something about why 1.21% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Gulfport Energy Corporation recorded a 52-week high of $22.35. It is now trading 9.33% off that level. The stock is trading $12.92 its 50-day moving average by -0.1%. The stock carved out a 52-week low down at $10.90.

In recent action, Gulfport Energy Corporation (GPOR) has made a move of +2.44% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 21.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.57% with $152.49 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GPOR.

Previous articleTaking a Fresh Look at Cogint, Inc. (COGT)
Next articleDrilling Down Into Plug Power Inc. (PLUG)