Kosmos Energy (LON:KOS) Reaches New 1-Year High – Here’s What Happened

Kosmos Energy Ltd. (LON:KOSGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 230 and last traded at GBX 230, with a volume of 15058 shares traded. The stock had previously closed at GBX 219.74.

Wall Street Analysts Forecast Growth

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 analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 215.

Get Our Latest Stock Report on Kosmos Energy

Kosmos Energy Stock Performance

The stock has a market cap of £1.10 billion, a price-to-earnings ratio of -3.29, a PEG ratio of 0.10 and a beta of 0.78. The stock’s fifty day moving average is GBX 146.92 and its 200-day moving average is GBX 118.16. The company has a quick ratio of 0.61, a current ratio of 0.75 and a debt-to-equity ratio of 577.53.

Insider Buying and Selling at Kosmos Energy

In other news, insider Andrew G. Inglis sold 297,660 shares of Kosmos Energy stock in a transaction on Saturday, January 31st. The shares were sold at an average price of GBX 158, for a total transaction of £470,302.80. Insiders have sold 564,381 shares of company stock worth $83,912,736 over the last quarter. Company insiders own 8.38% of the company’s stock.

About Kosmos Energy

(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

Receive News & Ratings for Kosmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kosmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.