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

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

Rockhopper Exploration Stock Up 4.3%

RKH stock opened at GBX 72 on Wednesday. The stock has a market capitalization of £464.21 million, a P/E ratio of -6.39, a P/E/G ratio of 0.20 and a beta of 0.87. The firm has a 50-day simple moving average of GBX 74.69 and a 200-day simple moving average of GBX 74.36. Rockhopper Exploration plc has a 52 week low of GBX 32.50 and a 52 week high of GBX 93.32. The company has a quick ratio of 2.94, a current ratio of 1.27 and a debt-to-equity ratio of 0.12.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 90 price objective on shares of Rockhopper Exploration in a research note on Monday, September 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 90.

About Rockhopper Exploration

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.