Rockhopper Exploration (LON:RKH) Stock Price Down 7.3% – Should You Sell?

by · The Markets Daily

Rockhopper Exploration plc (LON:RKH – Get Free Report) fell 7.3% on Wednesday . The company traded as low as GBX 30.30 ($0.38) and last traded at GBX 30.30 ($0.38). 15,009,329 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 9,475,837 shares. The stock had previously closed at GBX 32.70 ($0.41).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 37 ($0.46) price objective on shares of Rockhopper Exploration in a research report on Thursday, September 26th.

Get Our Latest Stock Report on RKH

Rockhopper Exploration Price Performance

The company has a fifty day simple moving average of GBX 18.54 and a 200-day simple moving average of GBX 15.66. The company has a market cap of £192.42 million, a P/E ratio of 1,505.00, 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 1.72 and a quick ratio of 2.94.

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.

Read More