Kosmos Energy (NYSE:KOS) Shares Up 7.2% - What's Next?

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) traded up 7.2% during trading on Tuesday . The company traded as high as $3.37 and last traded at $3.37. 4,160,632 shares changed hands during trading, a decline of 44% from the average session volume of 7,400,760 shares. The stock had previously closed at $3.14.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group reiterated a "buy" rating and set a $5.60 price target on shares of Kosmos Energy in a report on Wednesday, December 18th. Benchmark reduced their price target on Kosmos Energy from $8.00 to $7.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Sanford C. Bernstein reduced their price target on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating for the company in a report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a "sell" rating to a "hold" rating in a report on Friday, December 6th. Finally, Mizuho cut their price objective on Kosmos Energy from $5.00 to $4.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $5.52.

Kosmos Energy Trading Down 4.3 %

The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company has a 50-day simple moving average of $3.34 and a 200 day simple moving average of $3.89. The company has a market capitalization of $1.51 billion, a P/E ratio of 7.28, a P/E/G ratio of 5.41 and a beta of 2.41.

Insider Transactions at Kosmos Energy

In related news, CAO Ronald W. Glass sold 10,354 shares of the business's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $3.12, for a total value of $32,304.48. Following the sale, the chief accounting officer now owns 299,498 shares of the company's stock, valued at $934,433.76. The trade was a 3.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Josh R. Marion sold 16,144 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.12, for a total value of $50,369.28. Following the completion of the sale, the senior vice president now directly owns 172,057 shares in the company, valued at approximately $536,817.84. This represents a 8.58 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is owned by corporate insiders.

Institutional Trading of Kosmos Energy

Institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy in the 3rd quarter valued at $28,000. VSM Wealth Advisory LLC acquired a new position in Kosmos Energy in the fourth quarter worth $34,000. Disciplined Investors L.L.C. acquired a new position in Kosmos Energy in the fourth quarter worth $36,000. CTC Alternative Strategies Ltd. acquired a new position in Kosmos Energy in the third quarter worth $43,000. Finally, Sapient Capital LLC acquired a new position in Kosmos Energy in the fourth quarter worth $37,000. Institutional investors and hedge funds own 95.33% of the company's stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.