Rockhopper Exploration (LON:RKH) Trading 11.1% Higher – What’s Next?

Rockhopper Exploration plc (LON:RKH)’s share price was up 11.1% during trading on Monday . The stock traded as high as GBX 43 ($0.56) and last traded at GBX 42.10 ($0.55). Approximately 7,929,271 shares changed hands during mid-day trading, an increase of 120% from the average daily volume of 3,610,369 shares. The stock had previously closed at GBX 37.90 ($0.49).

Rockhopper Exploration Stock Down 0.2 %

The business has a 50-day moving average of GBX 37.29 and a 200-day moving average of GBX 24.29. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.94 and a current ratio of 1.27. The stock has a market capitalization of £340.05 million, a price-to-earnings ratio of 21,591.14, a P/E/G 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.