Kosmos Energy (LON:KOS) Trading 5.8% Higher – Should You Buy?

Kosmos Energy Ltd. (LON:KOS) shares rose 5.8% on Monday . The company traded as high as GBX 190 and last traded at GBX 190. Approximately 10,323 shares traded hands during trading, a decline of 69% from the average session volume of 32,909 shares. The stock had previously closed at GBX 179.50.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 210 price objective on shares of Kosmos Energy in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 210.

Kosmos Energy Trading Up 5.8%

The business’s 50 day moving average is GBX 210.56 and its two-hundred day moving average is GBX 157.12. The company has a quick ratio of 0.61, a current ratio of 0.60 and a debt-to-equity ratio of 579.29. The firm has a market capitalization of £1.13 billion, a P/E ratio of -1.12, a PEG ratio of 0.10 and a beta of 0.67.

Insider Activity

In other Kosmos Energy news, insider John Grant sold 735 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total transaction of £2,094.75. Also, insider Roy Franklin sold 976 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total transaction of £2,781.60. 8.48% of the stock is currently owned by company insiders.

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.