Rockhopper Exploration plc (LON:RKH - Get Free Report) rose 8.4% during trading on Thursday . The company traded as high as GBX 79.80 ($1.06) and last traded at GBX 77.60 ($1.03). Approximately 17,843,082 shares were traded during trading, an increase of 428% from the average daily volume of 3,382,039 shares. The stock had previously closed at GBX 71.60 ($0.95).
Analyst Ratings Changes
Separately, Canaccord Genuity Group increased their price objective on Rockhopper Exploration from GBX 49 ($0.65) to GBX 86 ($1.14) and gave the stock a "speculative buy" rating in a report on Monday, June 9th.
Get Our Latest Research Report on RKH
Rockhopper Exploration Price Performance
The company has a current ratio of 1.27, a quick ratio of 2.94 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average price of GBX 56.25 and a 200 day moving average price of GBX 47.14. The company has a market capitalization of £595.29 million, a P/E ratio of 37,797.20, a P/E/G ratio of 0.20 and a beta of 0.87.
Rockhopper Exploration (LON:RKH - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported GBX 7.20 ($0.10) EPS for the quarter. On average, equities analysts predict that Rockhopper Exploration plc will post -0.1899958 EPS for the current fiscal year.
Insider Transactions at Rockhopper Exploration
In other Rockhopper Exploration news, insider Alison Baker sold 50,000 shares of Rockhopper Exploration stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of GBX 47 ($0.62), for a total value of £23,500 ($31,233.39). 19.22% of the stock is owned by company insiders.
Rockhopper Exploration Company Profile
(
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.
See Also
Before you consider Rockhopper Exploration, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rockhopper Exploration wasn't on the list.
While Rockhopper Exploration currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.