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.
William Wall is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site.
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