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Rockhopper Exploration (LON:RKH) Sets New 12-Month High - Here's Why

Rockhopper Exploration logo with Energy background

Rockhopper Exploration plc (LON:RKH - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as GBX 21.70 ($0.27) and last traded at GBX 21.23 ($0.27), with a volume of 3008708 shares changing hands. The stock had previously closed at GBX 20.80 ($0.26).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 37 ($0.47) price target on shares of Rockhopper Exploration in a research report on Thursday, September 26th.

Check Out Our Latest Report on RKH

Rockhopper Exploration Trading Up 2.4 %

The stock has a market cap of £136.16 million, a PE ratio of 1,065.00, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87. 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 company has a 50 day moving average of GBX 14.79 and a two-hundred day moving average of GBX 14.47.

About Rockhopper Exploration

(Get Free Report)

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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