Rockhopper Exploration plc (LON:RKH - Get Free Report)'s share price was down 10.6% on Tuesday . The stock traded as low as GBX 41 ($0.56) and last traded at GBX 46.67 ($0.63). Approximately 23,224,734 shares traded hands during trading, an increase of 554% from the average daily volume of 3,552,478 shares. The stock had previously closed at GBX 52.20 ($0.71).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 49 ($0.67) target price on shares of Rockhopper Exploration in a research 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 quick ratio of 2.94 and a current ratio of 1.27. The firm's 50-day moving average price is GBX 48.02 and its two-hundred day moving average price is GBX 36.74. The firm has a market capitalization of £365.65 million, a price-to-earnings ratio of 23,216.83, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87.
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) earnings per share for the quarter. Sell-side 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 company's stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of GBX 47 ($0.64), for a total transaction of £23,500 ($31,912.00). 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.
Featured Stories
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
