Gulfport Energy Reaches New 52-Week High (GPOR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Gulfport Energy Corporation (Nasdaq: GPOR) hit a new 52-week high Tuesday as it is currently trading at $44.40, above its previous 52-week high of $44.31 with 623,684 shares traded as of 12:56 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Gulfport Energy has a market cap of $3.28 billion and is part of the basic materials sector and energy industry. Shares are up 12.8% year to date as of the close of trading on Monday.

Gulfport Energy Corporation engages in the exploration, development, and production of oil and natural gas properties. The company has a P/E ratio of 33.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Gulfport Energy as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Gulfport Energy Ratings Report.

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