Rockhopper Exploration plc (LON:RKH - Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 63 ($0.85) and last traded at GBX 62.86 ($0.84), with a volume of 921263 shares trading hands. The stock had previously closed at GBX 61.80 ($0.83).
Analyst Ratings Changes
Separately, Canaccord Genuity Group lifted their target price on Rockhopper Exploration from GBX 49 ($0.66) to GBX 86 ($1.15) and gave the company a "speculative buy" rating in a research note on Monday, June 9th.
Check Out Our Latest Report on Rockhopper Exploration
Rockhopper Exploration Stock Up 4.5%
The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94. The stock has a market capitalization of £523.28 million, a P/E ratio of 33,224.95, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87. The firm has a 50 day moving average of GBX 52.31 and a 200-day moving average of GBX 43.59.
Rockhopper Exploration (LON:RKH - Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The company reported GBX 7.20 ($0.10) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Rockhopper Exploration plc will post -0.1899958 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Alison Baker sold 50,000 shares of Rockhopper Exploration stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of GBX 47 ($0.63), for a total transaction of £23,500 ($31,535.16). 19.22% of the stock is currently owned by corporate insiders.
About Rockhopper Exploration
(
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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.
Further Reading
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