Rose Petroleum plc (ROSE.L) (LON:ROSE) Insider Buys £499,239.50 in Stock

Rose Petroleum plc (ROSE.L) (LON:ROSE) insider Liam Butterworth bought 161,045 shares of the business’s stock in a transaction dated Tuesday, October 13th. The stock was bought at an average price of GBX 310 per share, for a total transaction of £499,239.50.

Rose Petroleum plc (ROSE.L) Price Performance

Shares of LON ROSE opened at GBX 308 on Friday. Rose Petroleum plc has a twelve month low of GBX 294 and a twelve month high of GBX 395. The company has a current ratio of 1.72, a quick ratio of 2.29 and a debt-to-equity ratio of 35.18. The company has a market capitalization of £3.04 billion, a price-to-earnings ratio of -13.63 and a beta of 0.84. The business has a 50 day simple moving average of GBX 331.42 and a 200-day simple moving average of GBX 339.58.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 475 price objective on shares of Rose Petroleum plc (ROSE.L) in a research note on Friday, September 4th. Berenberg Bank reissued a “buy” rating and issued a GBX 450 target price on shares of Rose Petroleum plc (ROSE.L) in a report on Friday, September 11th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat, Rose Petroleum plc (ROSE.L) has a consensus rating of “Buy” and a consensus price target of GBX 1,481.25.

About Rose Petroleum plc (ROSE.L)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in Newbury, the United Kingdom.