Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report) traded up 11.7% on Tuesday . The company traded as high as GBX 193.85 ($2.40) and last traded at GBX 190.60 ($2.36). 2,671,702 shares were traded during trading, an increase of 156% from the average session volume of 1,043,470 shares. The stock had previously closed at GBX 170.60 ($2.12).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group raised their price objective on Gulf Keystone Petroleum from GBX 185 ($2.30) to GBX 200 ($2.48) and gave the company a "speculative buy" rating in a research report on Thursday, January 23rd.
View Our Latest Research Report on Gulf Keystone Petroleum
Gulf Keystone Petroleum Price Performance
The company has a market cap of £389.84 million, a PE ratio of -5,993.33, a PEG ratio of 0.06 and a beta of 1.22. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.97 and a quick ratio of 2.18. The stock's 50-day moving average is GBX 152.45 and its 200 day moving average is GBX 136.38.
Gulf Keystone Petroleum Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Gulf Keystone Petroleum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gulf Keystone Petroleum wasn't on the list.
While Gulf Keystone Petroleum currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
