Kosmos Energy Ltd (LON:KOS)’s share price rose 0.4% on Wednesday . The company traded as high as GBX 466.50 ($6.10) and last traded at GBX 459 ($6.00), approximately 5,514 shares changed hands during mid-day trading. An increase of 134% from the average daily volume of 2,357 shares. The stock had previously closed at GBX 457 ($5.97).
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 805 ($10.52) price objective on shares of Kosmos Energy in a report on Monday, November 11th.
The company has a market capitalization of $1.84 billion and a PE ratio of 11.28. The firm’s 50-day simple moving average is GBX 498.59 and its 200 day simple moving average is GBX 492.15. The company has a debt-to-equity ratio of 239.05, a quick ratio of 0.70 and a current ratio of 1.16.
The business also recently declared a dividend, which will be paid on Monday, December 23rd. Stockholders of record on Friday, November 29th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 0.67%. Kosmos Energy’s dividend payout ratio is presently 0.34%.
Kosmos Energy Company Profile (LON:KOS)
Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.
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