Andrew Inglis Sells 297,660 Shares of Kosmos Energy (LON:KOS) Stock

Kosmos Energy Ltd. (LON:KOS) insider Andrew Inglis sold 297,660 shares of the business’s stock in a transaction that occurred on Saturday, January 31st. The stock was sold at an average price of GBX 158, for a total transaction of £470,302.80.

Kosmos Energy Stock Down 5.5%

LON:KOS opened at GBX 93.75 on Friday. The firm has a market capitalization of £448.43 million, a P/E ratio of -1.34, a P/E/G ratio of 0.10 and a beta of 2.43. Kosmos Energy Ltd. has a 12-month low of GBX 63 and a 12-month high of GBX 274. The stock’s fifty day simple moving average is GBX 84.78 and its 200-day simple moving average is GBX 111.94. The company has a quick ratio of 0.61, a current ratio of 0.75 and a debt-to-equity ratio of 224.91.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group cut their target price on shares of Kosmos Energy from GBX 270 to GBX 220 and set a “buy” rating on the stock in a report on Monday, October 20th. Peel Hunt reissued a “hold” rating and issued a GBX 210 price target on shares of Kosmos Energy in a research note on Monday, January 5th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Kosmos Energy presently has an average rating of “Moderate Buy” and a consensus target price of GBX 215.

About Kosmos Energy

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.