Shares of Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 164.34 ($2.01) and last traded at GBX 163.90 ($2.00), with a volume of 1159801 shares traded. The stock had previously closed at GBX 157 ($1.92).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 190 ($2.32) target price on shares of Gulf Keystone Petroleum in a research report on Tuesday, October 8th.
Read Our Latest Research Report on Gulf Keystone Petroleum
Gulf Keystone Petroleum Stock Up 4.4 %
The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.18 and a current ratio of 0.97. The stock's 50 day simple moving average is GBX 142.45 and its 200 day simple moving average is GBX 133.21. The firm has a market cap of £355.37 million, a P/E ratio of -5,463.33, a price-to-earnings-growth ratio of 0.06 and a beta of 1.22.
About Gulf Keystone Petroleum
(
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Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.
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