Kosmos Energy (LON:KOS) Sets New 52-Week High – Time to Buy?

Kosmos Energy Ltd. (LON:KOS)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 248 and last traded at GBX 248, with a volume of 24644 shares traded. The stock had previously closed at GBX 216.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 210 price objective on shares of Kosmos Energy in a report on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 210.

Kosmos Energy Stock Performance

The stock has a 50-day simple moving average of GBX 201.94 and a 200 day simple moving average of GBX 137.06. The company has a debt-to-equity ratio of 579.29, a current ratio of 0.60 and a quick ratio of 0.61. The company has a market capitalization of £1.47 billion, a PE ratio of -1.68, a P/E/G ratio of 0.10 and a beta of 0.66.

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.