Rockhopper Exploration (LON:RKH) Trading Up 11.1% – Still a Buy?

Rockhopper Exploration plc (LON:RKH)’s share price traded up 11.1% during trading on Monday . The stock traded as high as GBX 43 ($0.56) and last traded at GBX 42.10 ($0.54). 7,929,271 shares changed hands during trading, an increase of 120% from the average session volume of 3,610,369 shares. The stock had previously closed at GBX 37.90 ($0.49).

Rockhopper Exploration Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.27 and a quick ratio of 2.94. The company has a 50 day moving average price of GBX 37.04 and a 200 day moving average price of GBX 23.91. The firm has a market cap of £336.85 million, a PE ratio of 21,387.93, a PEG ratio of 0.20 and a beta of 0.87.

Rockhopper Exploration Company Profile

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.