Kosmos Energy (LON:KOS) Stock Jumps 5.7% – Should You Buy?

Kosmos Energy Ltd. (LON:KOS – Get Free Report) shares were up 5.7% during mid-day trading on Wednesday. The company traded as high as GBX 224 and last traded at GBX 224. Approximately 101 shares changed hands during trading, a decline of 100% from the average daily volume of 21,412 shares. The stock had previously closed at GBX 212.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 210 price target on shares of Kosmos Energy in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 210.

View Our Latest Analysis on Kosmos Energy

Kosmos Energy Stock Up 5.7%

The company has a quick ratio of 0.61, a current ratio of 0.59 and a debt-to-equity ratio of 379.09. The company has a 50 day simple moving average of GBX 205.59 and a two-hundred day simple moving average of GBX 183.64. The company has a market capitalization of £1.33 billion, a P/E ratio of -2.00, a PEG ratio of 0.10 and a beta of 0.73.

Kosmos Energy Company Profile

(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.

Further Reading

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