Kosmos Energy (LON:KOS) Hits New 12-Month High – What’s Next?

Kosmos Energy Ltd. (LON:KOS) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 246 and last traded at GBX 240, with a volume of 45425 shares traded. The stock had previously closed at GBX 218.

Analyst Ratings Changes

Separately, Peel Hunt restated a “hold” rating and set a GBX 210 target price on shares of Kosmos Energy in a research report on Monday, January 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 215.

Kosmos Energy Stock Performance

The stock’s 50-day moving average is GBX 160.58 and its 200-day moving average is GBX 121.69. The stock has a market cap of £1.42 billion, a price-to-earnings ratio of -1.63, a price-to-earnings-growth ratio of 0.10 and a beta of 0.78. The company has a debt-to-equity ratio of 577.53, a current ratio of 0.75 and a quick ratio of 0.61.

Insider Transactions at Kosmos Energy

In related news, insider Andrew G. Inglis sold 44,628 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of GBX 142, for a total transaction of £63,371.76. Insiders have sold a total of 564,381 shares of company stock worth $83,912,736 in the last quarter. 8.38% of the stock is currently owned by company insiders.

Kosmos Energy Company Profile

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.