Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 159.71 ($2.12) and traded as low as GBX 150 ($1.99). Gulf Keystone Petroleum shares last traded at GBX 154 ($2.05), with a volume of 625,675 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group lifted their price objective on Gulf Keystone Petroleum from GBX 200 ($2.66) to GBX 225 ($2.99) and gave the company a "speculative buy" rating in a research note on Thursday, March 20th.
Check Out Our Latest Report on GKP
Gulf Keystone Petroleum Trading Up 0.5 %
The company has a debt-to-equity ratio of 0.03, a current ratio of 0.97 and a quick ratio of 2.18. The stock has a market cap of £420.58 million, a price-to-earnings ratio of -55.04, a P/E/G ratio of 0.06 and a beta of 1.22. The business's 50 day moving average is GBX 174.18 and its 200 day moving average is GBX 159.71.
Gulf Keystone Petroleum Increases Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 3rd were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a dividend yield of 4.37%. This is an increase from Gulf Keystone Petroleum's previous dividend of $0.09. Gulf Keystone Petroleum's dividend payout ratio is presently -177.88%.
About Gulf Keystone Petroleum
(
Get Free Report)
Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Gulf Keystone Petroleum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gulf Keystone Petroleum wasn't on the list.
While Gulf Keystone Petroleum currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
