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Rockhopper Exploration (LON:RKH) Stock Price Up 11.1% - Here's Why

Rockhopper Exploration logo with Energy background
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Rockhopper Exploration plc (LON:RKH - Get Free Report) shares rose 11.1% during trading on Monday . The stock traded as high as GBX 43 ($0.56) and last traded at GBX 42.10 ($0.54). Approximately 7,929,271 shares were traded during trading, an increase of 120% from the average daily volume of 3,610,369 shares. The stock had previously closed at GBX 37.90 ($0.49).

Rockhopper Exploration Trading 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 company has a market capitalization of £374.18 million, a price-to-earnings ratio of 23,758.38, a P/E/G ratio of 0.20 and a beta of 0.87. The business's 50-day moving average price is GBX 37.80 and its two-hundred day moving average price is GBX 24.87.

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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