Rockhopper Exploration (LON:RKH) Trading Up 11.1% – Time to Buy?

Rockhopper Exploration plc (LON:RKHGet Free Report) shares were up 11.1% during mid-day trading on Monday . The company traded as high as GBX 43 ($0.56) and last traded at GBX 42.10 ($0.55). Approximately 7,929,271 shares traded hands during mid-day 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 Price Performance

The stock has a market cap of £340.05 million, a PE ratio of 21,591.14, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87. The stock’s fifty day moving average is GBX 37.29 and its 200-day moving average is GBX 24.29. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94.

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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