Kosmos Energy (LON:KOS) Shares Up 20.1% – What’s Next?

Kosmos Energy Ltd. (LON:KOS)’s share price shot up 20.1% during mid-day trading on Tuesday . The stock traded as high as GBX 91 and last traded at GBX 91. 66,669 shares changed hands during trading, an increase of 102% from the average session volume of 32,959 shares. The stock had previously closed at GBX 75.75.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Jefferies Financial Group dropped their price objective on Kosmos Energy from GBX 270 to GBX 220 and set a “buy” rating on the stock in a report on Monday, October 20th. Peel Hunt restated a “hold” rating and set a GBX 210 price target on shares of Kosmos Energy in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 215.

Kosmos Energy Stock Performance

The company has a market cap of £468.76 million, a price-to-earnings ratio of -1.40, a P/E/G ratio of 0.10 and a beta of 2.43. The company has a debt-to-equity ratio of 224.91, a current ratio of 0.75 and a quick ratio of 0.61. The firm has a fifty day simple moving average of GBX 86.52 and a 200 day simple moving average of GBX 118.28.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal. It undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.