Samuel John Moody Buys 36,744 Shares of Rockhopper Exploration (LON:RKH) Stock

Rockhopper Exploration plc (LON:RKH) insider Samuel John Moody acquired 36,744 shares of the stock in a transaction dated Wednesday, January 21st. The shares were bought at an average price of GBX 53 per share, with a total value of £19,474.32.

Rockhopper Exploration Stock Performance

Shares of RKH stock opened at GBX 74.60 on Friday. The stock has a market capitalization of £480.98 million, a PE ratio of -6.62, a PEG ratio of 0.20 and a beta of 0.87. The business’s 50 day simple moving average is GBX 74.42 and its 200 day simple moving average is GBX 74.36. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94. Rockhopper Exploration plc has a one year low of GBX 32.50 and a one year high of GBX 93.32.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upgraded shares of Rockhopper Exploration to a “buy” rating and boosted their target price for the company from GBX 90 to GBX 113 in a report on Wednesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Rockhopper Exploration presently has a consensus rating of “Buy” and a consensus target price of GBX 113.

About Rockhopper Exploration

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. It also holds 100% working interest in the PL011, PL012, and PL014 production licenses in the South Falkland Basin.