Rockhopper Exploration (LON:RKH) Insider Samuel John Moody Buys 36,744 Shares

Rockhopper Exploration plc (LON:RKH) insider Samuel John Moody purchased 36,744 shares of Rockhopper Exploration stock in a transaction dated Wednesday, January 21st. The shares were purchased at an average price of GBX 53 per share, with a total value of £19,474.32.

Rockhopper Exploration Trading Up 7.2%

Shares of RKH stock opened at GBX 74 on Thursday. The company has a market capitalization of £477.11 million, a PE ratio of -6.57, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87. Rockhopper Exploration plc has a 52-week low of GBX 32.50 and a 52-week high of GBX 93.32. The business’s fifty day moving average is GBX 74.52 and its 200 day moving average is GBX 74.36. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.94 and a current ratio of 1.27.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised Rockhopper Exploration to a “buy” rating and boosted their price objective for the stock from GBX 90 to GBX 113 in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Rockhopper Exploration currently has an average rating of “Buy” and a consensus target price of GBX 113.

Rockhopper Exploration Company Profile

Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin. It also holds 100% working interest in the PL011, PL012, and PL014 production licenses in the South Falkland Basin.