Rockhopper Exploration (OTCMKTS:RCKHF) Trading 1.3% Higher – Here’s Why

Rockhopper Exploration plc (OTCMKTS:RCKHFGet Free Report)’s share price shot up 1.3% during trading on Wednesday . The company traded as high as $0.9571 and last traded at $0.9571. 3,750 shares traded hands during trading, a decline of 86% from the average daily volume of 26,231 shares. The stock had previously closed at $0.9450.

Rockhopper Exploration Stock Performance

The firm has a fifty day simple moving average of $0.98 and a two-hundred day simple moving average of $1.01.

About Rockhopper Exploration

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Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.

Further Reading

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