Rockhopper Exploration (LON:RKH) Sets New 12-Month High - Still a Buy?

Rockhopper Exploration plc (LON:RKH - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 45.50 ($0.59) and last traded at GBX 44.90 ($0.58), with a volume of 9540487 shares changing hands. The stock had previously closed at GBX 42.60 ($0.55).

Rockhopper Exploration Stock Up 3.9 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94. The business has a 50 day simple moving average of GBX 37.80 and a 200 day simple moving average of GBX 24.87. The company has a market capitalization of £374.18 million, a price-to-earnings ratio of 23,758.38, a PEG ratio of 0.20 and a beta of 0.87.

Rockhopper Exploration Company Profile

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.