Insider Selling: Rockhopper Exploration plc (LON:RKH) Insider Sells 50,000 Shares of Stock

Rockhopper Exploration plc (LON:RKH - Get Free Report) insider Alison Baker sold 50,000 shares of the firm's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of GBX 47 ($0.64), for a total transaction of £23,500 ($31,791.13).

Rockhopper Exploration Stock Down 0.7%

Shares of LON RKH traded down GBX 0.30 ($0.00) during mid-day trading on Friday, reaching GBX 45.40 ($0.61). The company had a trading volume of 1,243,777 shares, compared to its average volume of 3,439,172. 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 firm has a 50 day simple moving average of GBX 47.96 and a two-hundred day simple moving average of GBX 36.97. The stock has a market cap of £363.25 million, a P/E ratio of 23,064.42, a PEG ratio of 0.20 and a beta of 0.87. Rockhopper Exploration plc has a 52-week low of GBX 12.20 ($0.17) and a 52-week high of GBX 58.01 ($0.78).

Rockhopper Exploration (LON:RKH - Get Free Report) last posted its earnings results on Thursday, May 29th. The company reported GBX 7.20 ($0.10) EPS for the quarter. Sell-side analysts predict that Rockhopper Exploration plc will post -0.1899958 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 49 ($0.66) price objective on shares of Rockhopper Exploration in a report on Thursday, May 29th.

About Rockhopper Exploration

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.