Rockhopper Exploration plc (LON:RKH - Get Free Report) shares fell 9.4% on Tuesday . The company traded as low as GBX 41 ($0.56) 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).
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 49 ($0.67) price target on shares of Rockhopper Exploration in a report on Thursday, May 29th.
View Our Latest Stock Analysis on RKH
Rockhopper Exploration Stock Performance
The stock has a fifty day moving average price of GBX 48.02 and a two-hundred day moving average price of GBX 36.74. The company has a market cap of £365.65 million, a P/E ratio of 23,216.83, a PEG 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.
Rockhopper Exploration (LON:RKH - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported GBX 7.20 ($0.10) earnings per share for the quarter. On average, equities analysts forecast that Rockhopper Exploration plc will post -0.1899958 earnings per share for the current fiscal year.
Insider Activity
In other Rockhopper Exploration 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 value of £23,500 ($31,912.00). Corporate insiders own 19.22% of the company's stock.
Rockhopper Exploration Company Profile
(
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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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