Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 142.11 ($1.79) and traded as high as GBX 193.50 ($2.44). Gulf Keystone Petroleum shares last traded at GBX 190.20 ($2.40), with a volume of 1,350,369 shares.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group lifted their price target on shares of Gulf Keystone Petroleum from GBX 185 ($2.33) to GBX 200 ($2.52) and gave the company a "speculative buy" rating in a report on Thursday, January 23rd.
Read Our Latest Stock Analysis on GKP
Gulf Keystone Petroleum Trading Down 1.9 %
The firm has a market cap of £507.02 million, a P/E ratio of -66.35, a P/E/G ratio of 0.06 and a beta of 1.22. The firm has a fifty day moving average of GBX 166.66 and a 200-day moving average of GBX 142.79. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.18 and a current ratio of 0.97.
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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