Rockhopper Exploration plc (LON:RKH - Get Free Report) shares fell 9.4% on Tuesday . The stock traded as low as GBX 41 ($0.56) and last traded at GBX 47.30 ($0.64). 15,290,653 shares traded hands during trading, an increase of 340% from the average session volume of 3,476,915 shares. The stock had previously closed at GBX 52.20 ($0.71).
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 49 ($0.67) target price on shares of Rockhopper Exploration in a research note on Thursday, May 29th.
Check Out Our Latest Stock Report on Rockhopper Exploration
Rockhopper Exploration Stock Down 1.3%
The company has a market capitalization of £365.65 million, a PE ratio of 23,216.83, a PEG ratio of 0.20 and a beta of 0.87. The company's 50 day moving average is GBX 47.96 and its two-hundred day moving average is GBX 36.97. The company has a quick ratio of 2.94, a current ratio of 1.27 and a debt-to-equity ratio of 0.12.
Rockhopper Exploration (LON:RKH - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported GBX 7.20 ($0.10) EPS for the quarter. On average, analysts anticipate that Rockhopper Exploration plc will post -0.1899958 earnings per share for the current year.
Insiders Place Their Bets
In other Rockhopper Exploration news, insider Alison Baker sold 50,000 shares of Rockhopper Exploration stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of GBX 47 ($0.64), for a total value of £23,500 ($31,912.00). Corporate insiders own 19.22% of the company's stock.
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.
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