Gulfport Energy (OTCMKTS:GPORQ) Sets New 12-Month High – Should You Buy?

Gulfport Energy Co. (OTCMKTS:GPORQ)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $146.86 and last traded at $144.73, with a volume of 211768 shares traded. The stock had previously closed at $147.62.

Gulfport Energy Price Performance

The firm’s 50-day moving average price is $144.33 and its 200-day moving average price is $151.48. The company has a market cap of $23.27 billion, a price-to-earnings ratio of -21.52 and a beta of 5.50.

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.