The stock of Rockhopper Exploration Plc (LON:RKH) is a huge mover today! The stock increased 3.22% or GBX 0.78 on November 10, hitting GBX 25.03. About 961,025 shares traded hands. Rockhopper Exploration Plc (LON:RKH) has declined 15.65% since April 11, 2016 and is downtrending. It has underperformed by 21.30% the S&P500.
The move comes after 9 months positive chart setup for the GBX 114.47M company. It was reported on Nov, 10 by Barchart.com. We have GBX 49.56 PT which if reached, will make LON:RKH worth GBX 112.18 million more.
Rockhopper Exploration Plc (LON:RKH) Ratings Coverage
Out of 7 analysts covering Rockhopper Exploration PLC (LON:RKH), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. Rockhopper Exploration PLC has been the topic of 41 analyst reports since August 10, 2015 according to StockzIntelligence Inc. On Monday, December 7 the stock rating was maintained by Panmure Gordon with “Buy”. Beaufort Securities maintained the stock with “Speculative Buy” rating in Thursday, February 4 report. The stock has “Buy” rating given by Liberum Capital on Wednesday, June 29. Liberum Capital maintained the shares of RKH in a report on Monday, January 11 with “Buy” rating. The stock has “Buy” rating given by Liberum Capital on Friday, January 15. The stock of Rockhopper Exploration Plc (LON:RKH) has “Buy” rating given on Monday, January 18 by Liberum Capital. The firm has “Speculative Buy” rating given on Tuesday, January 12 by Beaufort Securities. Beaufort Securities maintained Rockhopper Exploration Plc (LON:RKH) on Wednesday, September 16 with “Speculative Buy” rating. The rating was maintained by Canaccord Genuity on Tuesday, November 24 with “Restricted”. The firm earned “Buy” rating on Monday, April 18 by Liberum Capital.
More news for Rockhopper Exploration Plc (LON:RKH) were recently published by: Fool.Co.Uk, which released: “Why I’d Sell Rockhopper Exploration Plc And Buy Faroe Petroleum plc And …” on March 29, 2016. Fool.Co.Uk‘s article titled: “Is The Merger Between Rockhopper Exploration Plc & Falkland Oil and Gas …” and published on November 24, 2015 is yet another important article.
Rockhopper Exploration plc is an oil and gas exploration and production company. The company has a market cap of 114.47 million GBP. The Firm is engaged in the exploration and exploitation of its gas and oil acreage. It has a 1.62 P/E ratio. The Firm operates through three divisions, which include the gas and oil exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.
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