Earnings News

Stock to Track:- Gastar Exploration Inc (NYSE:GST)

Spread the love

Gastar Exploration Inc (NYSE:GST) stock soared 22.48% and closed at 0.8 on Wednesday. The stock opened the session at $0.67 and touched its highest price point at $0.8. Its recent trading capacity is 3,288,441 shares versus to its average trading volume of 883023 shares. The company’s stock’s lowest price point for the session stood at $0.65.GST traded as low as $ 0.38 in the past 52 weeks, and shares hit its peak level to $1.4.

Gastar Exploration Inc. (NYSE:GST) reported today that it has declared monthly cash dividends on its 8.625% Series A Preferred Stock (“Series A Preferred Stock”) and its 10.75% Series B Preferred Stock (“Series B Preferred Stock”) for May 2018.

The dividend on the Series A Preferred Stock and Series B Preferred Stock is payable on May 31, 2018 to holders of record at the close of business on May 21, 2018.

The Series A Preferred Stock May 2018 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.1796875 per share, based on the $25.00 per share liquidation preference.  The Series A Preferred Stock is currently listed on the NYSE American and trades under the ticker symbol “GST.PRA.”

The Series B Preferred Stock May 2018 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.2239584 per share, based on the $25.00 per share liquidation preference.  The Series B Preferred Stock is currently listed on the NYSE American and trades under the ticker symbol “GST.PRB.”

Shares of Gastar Exploration Inc. have been recently spotted trading -43.14% off of the 52-week high price. On the other end, company shares have been noted 112.12% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 0.38 – 1.40. Switching over to some distances from popular moving averages, we see that the stock has been recorded 14.51% away from the 50 day moving average and -3.08% away from the 200 day moving average. Moving closer, we can see that shares have been trading 13.95% off of the 20-day moving average.

Leave a Reply

Your email address will not be published. Required fields are marked *