Rockhopper Exploration plc (LON:RKH - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 27.80 ($0.34) and last traded at GBX 27.60 ($0.34), with a volume of 6944296 shares trading hands. The stock had previously closed at GBX 25.10 ($0.31).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 37 ($0.46) target price on shares of Rockhopper Exploration in a research note on Thursday, September 26th.
Check Out Our Latest Report on Rockhopper Exploration
Rockhopper Exploration Stock Performance
The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.94 and a current ratio of 1.72. The firm has a market cap of £176.44 million, a P/E ratio of 1,380.00, a P/E/G ratio of 0.20 and a beta of 0.87. The company's 50 day moving average is GBX 17.49 and its 200 day moving average is GBX 15.33.
About Rockhopper Exploration
(
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Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin.
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