Rockhopper Exploration (LON:RKH) Releases Earnings Results

Rockhopper Exploration (LON:RKH - Get Free Report) issued its quarterly earnings data on Thursday. The company reported GBX 7.20 ($0.10) EPS for the quarter, Digital Look Earnings reports.

Rockhopper Exploration Stock Performance

Shares of RKH traded up GBX 2.20 ($0.03) during midday trading on Friday, reaching GBX 54 ($0.73). The stock had a trading volume of 1,954,081 shares, compared to its average volume of 3,372,083. The firm has a 50 day simple moving average of GBX 47.84 and a 200-day simple moving average of GBX 36.01. Rockhopper Exploration has a one year low of GBX 12.20 ($0.16) and a one year high of GBX 58.01 ($0.78). The firm has a market cap of £432.06 million, a PE ratio of 27,433.45, a P/E/G ratio of 0.20 and a beta of 0.87. The company has a current ratio of 1.27, a quick ratio of 2.94 and a debt-to-equity ratio of 0.12.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 49 ($0.66) price target on shares of Rockhopper Exploration in a research report on Thursday.

Rockhopper Exploration Company Profile

Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin.