Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 132.56 ($1.69) and traded as high as GBX 140 ($1.78). Gulf Keystone Petroleum shares last traded at GBX 137 ($1.74), with a volume of 429,891 shares changing hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 190 ($2.42) target price on shares of Gulf Keystone Petroleum in a research report on Tuesday, October 8th.
Read Our Latest Analysis on Gulf Keystone Petroleum
Gulf Keystone Petroleum Trading Down 1.3 %
The company has a 50 day simple moving average of GBX 136.43 and a two-hundred day simple moving average of GBX 132.56. 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 firm has a market cap of £293.14 million, a PE ratio of -4,506.67, a P/E/G ratio of 0.06 and a beta of 1.22.
Gulf Keystone Petroleum Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th were issued a $0.09 dividend. This represents a yield of 5.54%. This is a positive change from Gulf Keystone Petroleum's previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, October 17th. Gulf Keystone Petroleum's dividend payout ratio is presently -16,666.67%.
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.
Further Reading
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