Gulfport Energy (OTCMKTS:GPORQ) Shares Up 2.3% – Still a Buy?

Shares of Gulfport Energy Co. (OTCMKTS:GPORQ) shot up 2.3% during trading on Wednesday . The company traded as high as $180.90 and last traded at $180.90. 184,434 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 2,578,359 shares. The stock had previously closed at $176.79.

Gulfport Energy Stock Up 2.3 %

The firm has a market cap of $29.08 billion, a price-to-earnings ratio of -26.37 and a beta of 5.50. The company’s fifty day moving average is $180.24 and its 200 day moving average is $158.69.

About Gulfport Energy

Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area of approximately 205,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area of approximately 76,000 net reservoir acres primarily located in Oklahoma.