• Return to Headlines

Shares of Gulfport Energy Fall to a New 52-Week Low

By Shiri Gupta

Shares of Gulfport Energy (NASDAQ:GPOR) traded at a new 52-week low today of $12.65. Approximately 770,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.

In the past 52 weeks, Gulfport Energy share prices have been bracketed by a current low of $12.65 and a high of $52.28 and are now at $12.74. The 200-day and 50-day moving averages have moved 0.61% lower and 0.38% higher over the past week, respectively.

Gulfport Energy Corporation owns and operates oil and gas properties in the Louisiana Gulf Coast area of the United States.

There is potential upside of 143.0% for shares of Gulfport Energy based on a current price of $12.74 and an average consensus analyst price target of $30.96. The stock should find initial resistance at its 50-day moving average (MA) of $27.92 and further resistance at its 200-day MA of $29.03.

SmarTrend recommended that its subscribers protect gains by selling shares of Gulfport Energy on December 15th, 2016 by issuing a Downtrend alert when the shares were trading at $23.70. Since that call, shares of Gulfport Energy have fallen 44.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows gulfport energy

Ticker(s): GPOR