February 23, 2016 - 11:32 AM EST
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Gastar Exploration (GST) is Trading Lower on Unusual Volume for February 23

Gastar Exploration (GST) experienced unusually high volume on Feb. 23, as the stock lost 17.64% to a closing price of $0.82. The stock saw 1.14 million shares trade hands over the course of the day on 2,045 trades. Given that the stock’s average daily volume over the last month has been 699,994 shares a day, this represents a pretty substantial spike over the norm.

Gastar Exploration has a P/B ratio of 1.63. The stock has traded between $3.79 and $0.89 over the last 52-weeks, its 50-day SMA is now $1.16, and its 200-day SMA $1.76.

Gastar Exploration Inc is an independent energy company. It is engaged in the exploration, development and production of oil, condensate, natural gas and NGLs in the US.

Headquartered in Houston, TX, Gastar Exploration has 57 employees and is currently under the leadership of CEO J. Russell Porter.

For a complete fundamental analysis analysis of Gastar Exploration, check out Equities.com’s Stock Valuation Analysis report for GST. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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Source: Equities.com News (February 23, 2016 - 11:32 AM EST)

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