Insider Selling: Kosmos Energy (LON:KOS) Insider Sells 735 Shares of Stock

Kosmos Energy Ltd. (LON:KOS) insider John Grant sold 735 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total value of £2,094.75.

Kosmos Energy Stock Down 5.8%

LON KOS traded down GBX 12 during midday trading on Monday, hitting GBX 195. 10 shares of the company traded hands, compared to its average volume of 36,118. Kosmos Energy Ltd. has a 52 week low of GBX 63 and a 52 week high of GBX 248. The company’s 50-day simple moving average is GBX 211.57 and its 200-day simple moving average is GBX 144.91. The company has a market cap of £1.16 billion, a PE ratio of -1.33, a price-to-earnings-growth ratio of 0.10 and a beta of 0.66. The company has a debt-to-equity ratio of 579.29, a current ratio of 0.60 and a quick ratio of 0.61.

Analyst Upgrades and Downgrades

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

About Kosmos Energy

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.