Checking the Overall Picture for Gulfport Energy Corporation (GPOR)

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 $14.99, up from yesterday’s close by 2.64%. 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

Does this stock stack up well when compared to its peers in the industry space? Let’s take a look. Gulfport Energy Corporation (GPOR) currently trades with a market capitalization of $2.75 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For GPOR, the company currently has $117.56 Million of cash on the books, which is offset by $595,000 current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-1.8 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.33 on a per share basis this quarter. Perhaps, that suggests something about why 88.02% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how GPOR has been acting. Looking at the stock’s movement on the chart, Gulfport Energy Corporation recorded a 52-week high of $30.47. It is now trading 15.48% off that level. The stock is trading $12.85 its 50-day moving average by -2.14%. The stock carved out a 52-week low down at $10.90.

In recent action, Gulfport Energy Corporation (GPOR) has made a move of +17.38% 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 17.45, 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 5.11% with $152.10 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GPOR.

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