Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report) shares traded up 11.7% during trading on Monday . The company traded as high as GBX 193.85 ($2.41) and last traded at GBX 190.60 ($2.37). 2,671,702 shares changed hands 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 target price on shares of Gulf Keystone Petroleum from GBX 185 ($2.30) to GBX 200 ($2.49) and gave the stock a "speculative buy" rating in a research report on Thursday, January 23rd.
Check Out Our Latest Stock Analysis on Gulf Keystone Petroleum
Gulf Keystone Petroleum Stock Performance
The business's fifty day moving average is GBX 152.45 and its two-hundred day moving average is GBX 136.38. The company has a market capitalization of £389.84 million, a PE ratio of -5,993.33, a price-to-earnings-growth ratio of 0.06 and a beta of 1.22. The company has a current ratio of 0.97, a quick ratio of 2.18 and a debt-to-equity ratio of 0.03.
Gulf Keystone Petroleum Company Profile
(
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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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