Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 133.86 ($1.65) and traded as high as GBX 168.50 ($2.07). Gulf Keystone Petroleum shares last traded at GBX 165.40 ($2.04), with a volume of 950,734 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 190 ($2.34) target price on shares of Gulf Keystone Petroleum in a report on Tuesday, October 8th.
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Gulf Keystone Petroleum Trading Down 1.9 %
The firm has a market capitalization of £351.90 million, a price-to-earnings ratio of -5,410.00, a PEG ratio of 0.06 and a beta of 1.22. The company has a fifty day moving average price of GBX 147 and a two-hundred day moving average price of GBX 134.21. The company has a current ratio of 0.97, a quick ratio of 2.18 and a debt-to-equity ratio of 0.03.
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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