Gulfport Energy Co. (NASDAQ:GPOR)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $4.36 and last traded at $4.38, with a volume of 13891 shares. The stock had previously closed at $4.47.

Several equities analysts have recently commented on the stock. BidaskClub cut shares of Zynerba Pharmaceuticals from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, May 29th. TheStreet cut shares of Whitestone REIT from a “b-” rating to a “c+” rating in a research report on Monday, April 1st. Oppenheimer cut shares of Gulfport Energy from an “outperform” rating to a “market perform” rating in a research report on Friday, April 5th. Credit Suisse Group upgraded shares of Laredo Petroleum from an “underperform” rating to a “neutral” rating and set a $2.83 target price for the company in a research report on Tuesday. They noted that the move was a valuation call. Finally, CIBC restated a “buy” rating and issued a $57.50 target price on shares of Agnico Eagle Mines in a research report on Friday, April 5th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. Gulfport Energy has a consensus rating of “Hold” and an average price target of $11.43.

The company has a market capitalization of $700.84 million, a P/E ratio of 2.35, a P/E/G ratio of 0.28 and a beta of 0.86. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.34 and a quick ratio of 0.34. The company’s fifty day moving average is $5.11.

Gulfport Energy (NASDAQ:GPOR) last announced its quarterly earnings results on Thursday, May 2nd. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. Gulfport Energy had a net margin of 29.83% and a return on equity of 8.28%. The company had revenue of $320.58 million for the quarter, compared to analyst estimates of $313.11 million. During the same period in the previous year, the firm posted $0.56 EPS. The firm’s revenue was down 1.5% on a year-over-year basis. Sell-side analysts expect that Gulfport Energy Co. will post 1.18 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of GPOR. BlackRock Inc. grew its holdings in Gulfport Energy by 28.8% during the 4th quarter. BlackRock Inc. now owns 24,561,132 shares of the oil and gas producer’s stock worth $160,873,000 after acquiring an additional 5,492,062 shares during the last quarter. Norges Bank bought a new stake in Gulfport Energy during the 4th quarter worth approximately $17,417,000. FMR LLC grew its holdings in Gulfport Energy by 4,927,254.2% during the 1st quarter. FMR LLC now owns 1,182,565 shares of the oil and gas producer’s stock worth $9,484,000 after acquiring an additional 1,182,541 shares during the last quarter. MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in Gulfport Energy during the 1st quarter worth approximately $8,278,000. Finally, Bank of New York Mellon Corp grew its holdings in Gulfport Energy by 39.0% during the 4th quarter. Bank of New York Mellon Corp now owns 2,907,921 shares of the oil and gas producer’s stock worth $19,048,000 after acquiring an additional 815,459 shares during the last quarter. 98.25% of the stock is currently owned by hedge funds and other institutional investors.

About Gulfport Energy (NASDAQ:GPOR)

Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in North America. Its principal properties include Utica Shale covering an area of approximately 241,000 gross acres primarily in Eastern Ohio; and SCOOP that comprise leasehold interests in approximately 66,000 gross surface acres located in Oklahoma.

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