Rockhopper Exploration (OTCMKTS:RCKHF) Stock Price Up 3.5% – What’s Next?

Rockhopper Exploration plc (OTCMKTS:RCKHF) rose 3.5% during mid-day trading on Tuesday . The company traded as high as $1.19 and last traded at $1.18. Approximately 82,250 shares were traded during mid-day trading, an increase of 129% from the average daily volume of 35,846 shares. The stock had previously closed at $1.14.

Rockhopper Exploration Stock Performance

The company’s 50 day moving average is $1.00 and its two-hundred day moving average is $1.00.

About Rockhopper Exploration

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.