Kosmos Energy (LON:KOS) Stock Price Down 4.4% - Should You Sell?

Key Points

• Shares fell 4.4% to GBX 195 (intraday low GBX 186.50) on Thursday with volume up 64% versus average; analysts have a consensus Moderate Buy and a GBX 215 target while Peel Hunt rates it a Hold at GBX 210.
• The company shows strained fundamentals with a debt-to-equity ratio of 577.53, a current ratio of 0.75 and a negative P/E of -1.33, against a market cap of £1.16 billion.
• Insiders have been selling heavily—Andrew G. Inglis sold 297,660 shares at GBX 158 and insiders disposed of 564,381 shares last quarter—though insiders still own 8.38% of the company.

Shares of Kosmos Energy Ltd. (LON:KOS - Get Free Report) fell 4.4% during trading on Thursday . The stock traded as low as GBX 186.50 and last traded at GBX 195. 74,219 shares changed hands during trading, an increase of 64% from the average session volume of 45,159 shares. The stock had previously closed at GBX 204.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reaffirmed a "hold" rating and set a GBX 210 price target on shares of Kosmos Energy in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 215.

Kosmos Energy Stock Down 4.4%

The company has a debt-to-equity ratio of 577.53, a current ratio of 0.75 and a quick ratio of 0.61. The stock's fifty day simple moving average is GBX 165.26 and its 200-day simple moving average is GBX 122.94. The stock has a market cap of £1.16 billion, a P/E ratio of -1.33, a PEG ratio of 0.10 and a beta of 0.66.

Insider Transactions at Kosmos Energy

In other Kosmos Energy news, insider Andrew G. Inglis sold 297,660 shares of the firm's stock in a transaction dated Saturday, January 31st. The shares were sold at an average price of GBX 158, for a total value of £470,302.80. Insiders have sold a total of 564,381 shares of company stock valued at $83,912,736 over the last quarter. Company insiders own 8.38% of the company's stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal. It undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.

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