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

Kosmos Energy Ltd. (LON:KOS)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 248 and last traded at GBX 248, with a volume of 24644 shares. The stock had previously closed at GBX 216.

Wall Street Analyst Weigh In

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

Kosmos Energy Trading Up 2.5%

The company has a debt-to-equity ratio of 579.29, a quick ratio of 0.61 and a current ratio of 0.60. The stock has a market capitalization of £1.46 billion, a P/E ratio of -1.67, a price-to-earnings-growth ratio of 0.10 and a beta of 0.66. The firm’s fifty day simple moving average is GBX 204.18 and its 200 day simple moving average is GBX 138.82.

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.