ABOUT US | SERVICES | SUBSCRIPTIONS | LOGIN | SIGNUP
SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
MARKETS » MOBILE Commerce HTML5 WebRTC
HOT TOPICS » VIDEO MANAGED SERVICES WEARABLE TECH WORLD NETWORK MANAGEMENT

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

SUBMIT
Traders Get Bullish on Shares of Gastar Exploration, Shares Up 9.4% (GST)
[February 07, 2013]

Traders Get Bullish on Shares of Gastar Exploration, Shares Up 9.4% (GST)

Feb 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Gastar Exploration (AMEX:GST) is one of today's best performing low-priced stocks, up 9.4% to $1.28 on 1.1x average daily volume. Gastar Exploration has traded 356,000 shares thus far today, vs. average volume of 337,000 shares per day. The stock has outperformed the Dow (9.4% to the Dow's -0.7%) and outperformed the S&P 500 (9.4% to the S&P's -0.7%) during today's trading.

Potential upside of 59.5% exists for Gastar Exploration, based on a current level of $1.28 and analysts' average consensus price target of $2.04. The stock should find resistance at its 200-day moving average (MA) of $1.57, as well as support at its 50-day MA of $1.08.

Gastar Exploration Ltd. is a natural gas exploration company. The Company explores for natural gas in Texas and West Virginia in the United States, and in Australia. Gastar owns and operates coal bed methane properties in the Powder River Basin in Wyoming in the United States.


In the past 52 weeks, Gastar Exploration share prices have been bracketed by a low of $0.70 and a high of $3.36 and are now at $1.28, 83% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has advanced 2.0%.

SmarTrend recommended that subscribers consider buying shares of Gastar Exploration on November 30th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $1.00. Since that recommendation, shares of Gastar Exploration have risen 17.6%. We continue to monitor GST for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]


Upcoming Events



LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

IMPORTANT

SUBSCRIPTIONS


Subscribe to our FREE eNewsletters
SUBMIT

STAY CURRENT YOUR WAY

© 2013 Technology Marketing Corporation. All rights reserved.