Rockhopper Exploration plc (LON:RKH - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 36.50 ($0.45) and last traded at GBX 36.50 ($0.45), with a volume of 6662963 shares. The stock had previously closed at GBX 34.40 ($0.42).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 37 ($0.45) target price on shares of Rockhopper Exploration in a research note on Thursday, September 26th.
Check Out Our Latest Stock Analysis on Rockhopper Exploration
Rockhopper Exploration Trading Down 5.6 %
The firm's 50 day moving average is GBX 20.65 and its 200 day moving average is GBX 16.34. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.72 and a quick ratio of 2.94. The company has a market cap of £214.16 million, a PE ratio of 1,675.00, a PEG ratio of 0.20 and a beta of 0.87.
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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