Rockhopper Exploration (LON:RKH) Sets New 1-Year Low at $14.16

Rockhopper Exploration Plc (LON:RKH) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 14.16 ($0.19) and last traded at GBX 15.50 ($0.20), with a volume of 234187 shares changing hands. The stock had previously closed at GBX 14.80 ($0.19).

A number of equities research analysts recently weighed in on RKH shares. Peel Hunt reiterated a “buy” rating and set a GBX 60 ($0.79) price objective on shares of Rockhopper Exploration in a report on Wednesday, September 18th. Peel Hunt reissued a “buy” rating and set a GBX 60 ($0.79) target price on shares of Rockhopper Exploration in a research report on Wednesday, September 18th.

The company has a current ratio of 2.89, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The firm has a market cap of $70.95 million and a PE ratio of -4.43. The business’s 50-day simple moving average is GBX 16.85 and its 200 day simple moving average is GBX 19.50.

Rockhopper Exploration Company Profile (LON:RKH)

Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 95.50% interests in the PL003a production licenses; 60.50% interests in PL003b production licenses; 64.00% interests in PL004a, PL004b, and PL004c production licenses; 100% interests in PL005 production licenses; 40% interests in PL032 and PL033 production licenses in North Falkland Basin; and 100% interest in PL010-PL016, PL025-PL029, and PL031 production licenses.

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