Gastar Exploration Inc (NYSEAMERICAN:GST) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 20,170,317 shares, a decline of 4.6% from the November 30th total of 21,151,977 shares. Currently, 10.0% of the company’s stock are short sold. Based on an average daily volume of 1,571,467 shares, the days-to-cover ratio is presently 12.8 days.

A number of analysts have recently commented on GST shares. Zacks Investment Research raised Gastar Exploration from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. Seaport Global Securities raised Gastar Exploration from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 19th. KeyCorp reissued a “hold” rating on shares of Gastar Exploration in a research report on Monday, November 13th. ValuEngine cut Gastar Exploration from a “sell” rating to a “strong sell” rating in a research report on Monday, October 16th. Finally, Imperial Capital reissued an “in-line” rating on shares of Gastar Exploration in a research report on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Gastar Exploration has an average rating of “Hold” and a consensus target price of $1.88.

Gastar Exploration (NYSEAMERICAN GST) opened at $1.02 on Thursday. The stock has a market capitalization of $218.94, a P/E ratio of -4.25 and a beta of 3.47. Gastar Exploration has a 12-month low of $0.38 and a 12-month high of $2.19.

Gastar Exploration (NYSEAMERICAN:GST) last released its quarterly earnings data on Wednesday, November 8th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The company had revenue of $15.30 million during the quarter, compared to analyst estimates of $20.06 million. The company’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.08) earnings per share.

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About Gastar Exploration

Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company’s principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays.

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