Rose Petroleum plc (ROSE.L) (LON:ROSE) Insider Buys £499,269.84 in Stock

Rose Petroleum plc (ROSE.L) (LON:ROSE) insider Justin Dowley acquired 161,576 shares of the firm’s stock in a transaction that occurred on Thursday, October 22nd. The shares were bought at an average cost of GBX 309 per share, for a total transaction of £499,269.84.

Rose Petroleum plc (ROSE.L) Trading Up 2.6%

Rose Petroleum plc (ROSE.L) stock opened at GBX 312 on Monday. Rose Petroleum plc has a 52 week low of GBX 294 and a 52 week high of GBX 395. The stock has a 50-day moving average price of GBX 326.20 and a 200 day moving average price of GBX 338.95. The company has a current ratio of 1.72, a quick ratio of 2.29 and a debt-to-equity ratio of 35.18. The stock has a market cap of £3.08 billion, a PE ratio of -13.81 and a beta of 0.84.

Analyst Ratings Changes

Several research analysts have issued reports on ROSE shares. Jefferies Financial Group restated a “buy” rating and issued a GBX 475 price target on shares of Rose Petroleum plc (ROSE.L) in a research report on Friday, September 4th. Berenberg Bank reiterated a “buy” rating and set a GBX 450 price objective on shares of Rose Petroleum plc (ROSE.L) in a research report on Friday, September 11th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Rose Petroleum plc (ROSE.L) has a consensus rating of “Buy” and an average price target of GBX 1,481.25.

About Rose Petroleum plc (ROSE.L)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in Newbury, the United Kingdom.