Kosmos Energy (LON:KOS) Reaches New 12-Month High – Here’s Why

Kosmos Energy Ltd. (LON:KOS)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 246 and last traded at GBX 240, with a volume of 45425 shares. The stock had previously closed at GBX 218.

Wall Street Analyst Weigh In

Separately, Peel Hunt restated a “hold” rating and issued a GBX 210 price target on shares of Kosmos Energy in a report on Monday, January 5th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 215.

Kosmos Energy Stock Performance

The stock has a market cap of £1.15 billion, a PE ratio of -1.32, a PEG ratio of 0.10 and a beta of 0.66. The stock has a fifty day simple moving average of GBX 165.26 and a two-hundred day simple moving average of GBX 122.94. The company has a debt-to-equity ratio of 577.53, a quick ratio of 0.61 and a current ratio of 0.75.

Insiders Place Their Bets

In other Kosmos Energy news, insider Andrew G. Inglis sold 297,660 shares of the company’s stock in a transaction dated Saturday, January 31st. The shares were sold at an average price of GBX 158, for a total value of £470,302.80. Over the last three months, insiders have sold 564,381 shares of company stock valued at $83,912,736. Corporate insiders own 8.38% of the company’s stock.

Kosmos Energy Company Profile

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.