Kosmos Energy (LON:KOS) Trading 5.8% Higher – Still a Buy?

Kosmos Energy Ltd. (LON:KOSGet Free Report)’s share price traded up 5.8% during mid-day trading on Monday . The stock traded as high as GBX 190 and last traded at GBX 190. Approximately 10,323 shares were traded during trading, a decline of 69% from the average daily volume of 32,909 shares. The stock had previously closed at GBX 179.50.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 210 price target on shares of Kosmos Energy in a report on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Kosmos Energy currently has a consensus rating of “Moderate Buy” and an average target price of GBX 210.

View Our Latest Stock Analysis on Kosmos Energy

Kosmos Energy Stock Performance

The company has a 50 day simple moving average of GBX 210.70 and a 200-day simple moving average of GBX 157.83. The company has a debt-to-equity ratio of 579.29, a current ratio of 0.60 and a quick ratio of 0.61. The stock has a market cap of £990.63 million, a P/E ratio of -0.99, a price-to-earnings-growth ratio of 0.10 and a beta of 0.67.

Insider Buying and Selling

In other Kosmos Energy news, insider John Grant sold 735 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total transaction of £2,094.75. Also, insider Roy Franklin sold 976 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total transaction of £2,781.60. Insiders own 8.48% of the company’s stock.

About Kosmos Energy

(Get Free Report)

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.

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