Rockhopper Exploration (LON:RKH) Stock Price Up 8.2% – Time to Buy?

Rockhopper Exploration plc (LON:RKH) traded up 8.2% during mid-day trading on Monday . The stock traded as high as GBX 42.24 ($0.55) and last traded at GBX 41 ($0.53). 5,020,377 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 3,560,216 shares. The stock had previously closed at GBX 37.90 ($0.49).

Rockhopper Exploration Stock Up 2.4 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94. The firm’s 50-day moving average price is GBX 37.29 and its 200 day moving average price is GBX 24.29. The firm has a market capitalization of £341.65 million, a price-to-earnings ratio of 21,692.75, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87.

Rockhopper Exploration Company Profile

Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin.