Rose Petroleum plc (ROSE.L) (LON:ROSE) Insider Justin Dowley Acquires 161,576 Shares of Company Stock

Rose Petroleum plc (ROSE.L) (LON:ROSE) insider Justin Dowley purchased 161,576 shares of Rose Petroleum plc (ROSE.L) stock in a transaction on Thursday, October 22nd. The shares were acquired at an average cost of GBX 309 per share, with a total value of £499,269.84.

Rose Petroleum plc (ROSE.L) Price Performance

Shares of ROSE opened at GBX 312 on Friday. The business’s 50-day moving average is GBX 326.20 and its two-hundred day moving average is GBX 338.88. The company has a market capitalization of £3.08 billion, a P/E ratio of -13.81 and a beta of 0.84. The company has a debt-to-equity ratio of 35.18, a quick ratio of 2.29 and a current ratio of 1.72. Rose Petroleum plc has a fifty-two week low of GBX 294 and a fifty-two week high of GBX 395.

Analyst Ratings Changes

ROSE has been the topic of several analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 450 price target on shares of Rose Petroleum plc (ROSE.L) in a report on Friday, September 11th. Jefferies Financial Group reissued a “buy” rating and set a GBX 475 price target on shares of Rose Petroleum plc (ROSE.L) in a research report on Friday, September 4th. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 1,481.25.

About Rose Petroleum plc (ROSE.L)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in Newbury, the United Kingdom.