Rockhopper Exploration plc (LON:RKH – Get Free Report)’s stock price dropped 8% during mid-day trading on Saturday . The stock traded as low as GBX 35 ($0.44) and last traded at GBX 35.70 ($0.45). Approximately 6,318,684 shares changed hands during trading, a decline of 7% from the average daily volume of 6,804,535 shares. The stock had previously closed at GBX 38.80 ($0.48).
Rockhopper Exploration Stock Performance
The company has a quick ratio of 2.94, a current ratio of 1.72 and a debt-to-equity ratio of 0.12. The business has a 50 day moving average price of GBX 24.50 and a 200 day moving average price of GBX 17.62. The stock has a market cap of £228.22 million, a P/E ratio of 1,785.00, a PEG ratio of 0.20 and a beta of 0.87.
About Rockhopper Exploration
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.
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