Rockhopper Exploration Plc (RKH) Insider Buys £150 in Stock
Rockhopper Exploration Plc (LON:RKH) insider Samuel John Moody purchased 750 shares of Rockhopper Exploration Plc stock in a transaction on Tuesday, August 29th. The stock was bought at an average price of GBX 20 ($0.26) per share, for a total transaction of £150 ($194.00).
Shares of Rockhopper Exploration Plc (LON RKH) traded up 1.22% during trading on Friday, hitting GBX 20.75. 22,828 shares of the company’s stock were exchanged. The company’s market cap is GBX 94.13 million. Rockhopper Exploration Plc has a 12-month low of GBX 17.75 and a 12-month high of GBX 32.50. The company has a 50-day moving average of GBX 20.26 and a 200-day moving average of GBX 21.56.
A number of brokerages have issued reports on RKH. Peel Hunt reiterated a “hold” rating and issued a GBX 25 ($0.32) price target on shares of Rockhopper Exploration Plc in a report on Friday, July 21st. Royal Bank Of Canada initiated coverage on shares of Rockhopper Exploration Plc in a research note on Tuesday, July 25th. They issued a “sector performer” rating and a GBX 30 ($0.39) price objective for the company. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 55.60 ($0.72).
About Rockhopper Exploration Plc
Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.
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