Rockhopper Exploration plc (LON:RKH - Get Free Report) fell 9.4% during trading on Wednesday . The company traded as low as GBX 41 ($0.55) and last traded at GBX 47.30 ($0.64). 15,290,653 shares were traded 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 Upgrades and Downgrades
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 49 ($0.66) target price on shares of Rockhopper Exploration in a report on Thursday, May 29th.
Read Our Latest Stock Report on RKH
Rockhopper Exploration Stock Performance
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 firm has a market cap of £363.25 million, a price-to-earnings ratio of 23,064.42, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87. The company has a fifty day moving average price of GBX 47.84 and a two-hundred day moving average price of GBX 37.18.
Rockhopper Exploration (LON:RKH - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported GBX 7.20 ($0.10) earnings per share for the quarter. As a group, equities research analysts expect that Rockhopper Exploration plc will post -0.1899958 EPS for the current year.
Insider Activity
In other news, insider Alison Baker sold 50,000 shares of the company's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of GBX 47 ($0.64), for a total transaction of £23,500 ($31,791.13). Insiders own 19.22% of the company's stock.
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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