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Rockhopper Exploration (LON:RKH) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Rockhopper Exploration logo with Energy background

Rockhopper Exploration plc (LON:RKH - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 33.19 ($0.45) and traded as high as GBX 55.80 ($0.75). Rockhopper Exploration shares last traded at GBX 55.60 ($0.75), with a volume of 1,352,634 shares.

Rockhopper Exploration Price Performance

The stock's fifty day moving average is GBX 46 and its 200-day moving average is GBX 34.32. The stock has a market capitalization of £427.26 million, a PE ratio of 27,128.63, a P/E/G ratio of 0.20 and a beta of 0.87. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94.

About Rockhopper Exploration

(Get Free Report)

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.

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