Rosehill Resources Inc (NASDAQ:ROSE) Director Harry Quarls Buys 25,000 Shares

Rosehill Resources Inc (NASDAQ:ROSE) Director Harry Quarls acquired 25,000 shares of Rosehill Resources stock in a transaction dated Friday, August 16th. The shares were bought at an average price of $1.49 per share, for a total transaction of $37,250.00. Following the transaction, the director now owns 177,260 shares of the company’s stock, valued at $264,117.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Harry Quarls also recently made the following trade(s):

  • On Wednesday, August 14th, Harry Quarls acquired 8,100 shares of Rosehill Resources stock. The shares were bought at an average price of $1.57 per share, for a total transaction of $12,717.00.

Shares of Rosehill Resources stock remained flat at $$1.41 on Friday. 114,397 shares of the stock traded hands, compared to its average volume of 92,804. The firm has a market cap of $73.38 million, a PE ratio of 6.71 and a beta of 3.41. The company has a quick ratio of 0.35, a current ratio of 0.44 and a debt-to-equity ratio of 3.02. Rosehill Resources Inc has a 52-week low of $1.29 and a 52-week high of $8.75. The company’s 50 day moving average price is $2.85 and its 200-day moving average price is $3.31.

Rosehill Resources (NASDAQ:ROSE) last released its quarterly earnings data on Tuesday, May 14th. The company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $3.10. Rosehill Resources had a net margin of 7.70% and a return on equity of 88.56%. The firm had revenue of $71.86 million for the quarter, compared to analysts’ expectations of $74.48 million. As a group, research analysts anticipate that Rosehill Resources Inc will post -0.05 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in Rosehill Resources in the first quarter worth $40,000. Susquehanna International Group LLP bought a new stake in Rosehill Resources in the second quarter worth $52,000. Jane Street Group LLC bought a new stake in Rosehill Resources in the fourth quarter worth $34,000. Strs Ohio increased its position in Rosehill Resources by 90.1% in the second quarter. Strs Ohio now owns 17,300 shares of the company’s stock worth $64,000 after purchasing an additional 8,200 shares during the last quarter. Finally, A.R.T. Advisors LLC bought a new stake in Rosehill Resources in the second quarter worth $68,000. Institutional investors own 10.53% of the company’s stock.

Several equities research analysts have recently issued reports on the stock. Northland Securities reiterated a “buy” rating and set a $8.00 price objective on shares of Rosehill Resources in a research report on Monday, July 15th. Zacks Investment Research cut shares of Rosehill Resources from a “hold” rating to a “sell” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. Rosehill Resources currently has a consensus rating of “Hold” and an average target price of $8.90.

About Rosehill Resources

Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2018, its portfolio included 67 gross operated producing horizontal wells in the Northern Delaware Basin and 4 gross operated producing horizontal wells in the Southern Delaware Basin; and working interests in approximately 6,665 gross acres in the Northern Delaware Basin and 9,219 gross acres in the Southern Delaware Basin, as well as 513 gross operated and 53 non-operated potential horizontal drilling locations in the Northern and Southern Delaware Basin.

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