Kosmos Energy (LON:KOS) Stock Price Up 17.5% – Should You Buy?

Kosmos Energy Ltd. (LON:KOSGet Free Report)’s stock price traded up 17.5% on Tuesday . The stock traded as high as GBX 196 and last traded at GBX 195. 95,766 shares were traded during trading, an increase of 121% from the average session volume of 43,252 shares. The stock had previously closed at GBX 166.

Analyst Ratings Changes

Separately, Peel Hunt reissued a “hold” rating and set a GBX 210 price target on shares of Kosmos Energy in a 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 215.

Read Our Latest Report on KOS

Kosmos Energy Price Performance

The company has a quick ratio of 0.61, a current ratio of 0.52 and a debt-to-equity ratio of 332.92. The firm has a market capitalization of £932.74 million, a PE ratio of -2.79, a PEG ratio of 0.10 and a beta of 2.43. The stock has a 50-day moving average price of GBX 102.50 and a 200 day moving average price of GBX 109.74.

Insiders Place Their Bets

In other Kosmos Energy news, insider Andrew G. Inglis sold 297,660 shares of the company’s 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 in the last ninety days. Corporate insiders own 7.59% 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.

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