Kosmos Energy (LON:KOS) Hits New 52-Week Low – Should You Sell?

Kosmos Energy Ltd. (LON:KOS) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 68 and last traded at GBX 69, with a volume of 1400 shares changing hands. The stock had previously closed at GBX 72.25.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reduced their price objective on Kosmos Energy from GBX 270 to GBX 220 and set a “buy” rating for the company in a research note on Monday, October 20th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Kosmos Energy presently has an average rating of “Buy” and an average target price of GBX 220.

Kosmos Energy Stock Performance

The company has a debt-to-equity ratio of 224.91, a quick ratio of 0.61 and a current ratio of 0.75. The company has a market cap of £373.10 million, a PE ratio of -1.11, a price-to-earnings-growth ratio of 0.10 and a beta of 2.43. The company’s 50 day moving average price is GBX 101.57 and its 200-day moving average price is GBX 127.33.

About Kosmos Energy

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal. It undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.