Gulf Keystone Petroleum (LON:GKP) Insider Buys 2,461 Shares of Company Stock

Gulf Keystone Petroleum Limited (LON:GKP) insider David Howard Thomas bought 2,461 shares of Gulf Keystone Petroleum stock in a transaction on Wednesday, October 21st. The shares were purchased at an average cost of GBX 203 per share, for a total transaction of £4,995.83.

David Howard Thomas also recently made the following trade(s):

• On Monday, October 19th, David Howard Thomas bought 2,300 shares of Gulf Keystone Petroleum stock. The stock was purchased at an average price of GBX 542 per share, for a total transaction of £12,466.

Gulf Keystone Petroleum Stock Performance

Gulf Keystone Petroleum stock opened at GBX 211.11 on Wednesday. The firm has a 50 day simple moving average of GBX 194.15 and a 200-day simple moving average of GBX 185.95. Gulf Keystone Petroleum Limited has a 1-year low of GBX 160.60 and a 1-year high of GBX 235. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.00 and a quick ratio of 2.18. The stock has a market cap of £459.04 million, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 0.06 and a beta of 0.12.

Analyst Ratings Changes

A number of research firms recently commented on GKP. Peel Hunt reiterated a “buy” rating and issued a GBX 277 price objective on shares of Gulf Keystone Petroleum in a report on Monday, July 13th. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 275 price objective on shares of Gulf Keystone Petroleum in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Gulf Keystone Petroleum has an average rating of “Buy” and a consensus target price of GBX 276.

About Gulf Keystone Petroleum

Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services. The company was incorporated in 2001 and is based in Hamilton, Bermuda.