Rockhopper Exploration plc (LON:RKH - Get Free Report)'s share price traded down 9.4% during trading on Wednesday . The stock traded as low as GBX 41 ($0.55) and last traded at GBX 47.30 ($0.64). 15,290,653 shares changed 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).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 49 ($0.66) target price on shares of Rockhopper Exploration in a research report on Thursday, May 29th.
Get Our Latest Report on Rockhopper Exploration
Rockhopper Exploration Trading Down 0.7%
The company has a market cap of £363.25 million, a PE ratio of 23,064.42, a price-to-earnings-growth 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. The company has a 50-day moving average of GBX 47.84 and a 200 day moving average 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. Analysts predict 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 the business's stock in a transaction dated 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). 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.
Further Reading
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