Gulfport Energy (OTCMKTS:GPORQ) Hits New 52-Week High – Time to Buy?

Shares of Gulfport Energy Co. (OTCMKTS:GPORQGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $178.44 and last traded at $176.53, with a volume of 244278 shares. The stock had previously closed at $176.77.

Gulfport Energy Price Performance

The firm has a market capitalization of $28.49 billion, a P/E ratio of -25.88 and a beta of 5.50. The company’s 50-day simple moving average is $152.26 and its two-hundred day simple moving average is $150.93.

About Gulfport Energy

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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.

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