Shares of Kosmos Energy Ltd (NYSE:KOS) gapped down before the market opened on Wednesday . The stock had previously closed at $5.63, but opened at $5.79. Kosmos Energy shares last traded at $5.53, with a volume of 917097 shares changing hands.
Several equities analysts recently weighed in on KOS shares. Credit Suisse Group upgraded Kosmos Energy from a “neutral” rating to an “outperform” rating in a research report on Monday, January 8th. Jefferies Group set a $7.00 target price on Kosmos Energy and gave the stock a “hold” rating in a research report on Wednesday, December 20th. Zacks Investment Research upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. TheStreet downgraded Kosmos Energy from a “c-” rating to a “d+” rating in a research report on Wednesday, February 21st. Finally, Barclays increased their target price on Kosmos Energy from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Monday, November 20th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $9.27.
The firm has a market capitalization of $2,100.00, a price-to-earnings ratio of -9.46 and a beta of 1.56. The company has a quick ratio of 1.39, a current ratio of 1.66 and a debt-to-equity ratio of 1.07.
Institutional investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue purchased a new position in shares of Kosmos Energy in the 4th quarter worth about $114,000. JPMorgan Chase & Co. raised its holdings in shares of Kosmos Energy by 51.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,144 shares of the oil and gas producer’s stock worth $169,000 after purchasing an additional 7,144 shares during the period. Macquarie Group Ltd. purchased a new position in shares of Kosmos Energy in the 3rd quarter worth about $214,000. HBK Investments L P purchased a new position in shares of Kosmos Energy in the 4th quarter worth about $201,000. Finally, Virtu Financial LLC purchased a new position in shares of Kosmos Energy in the 4th quarter worth about $204,000.
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Kosmos Energy Company Profile
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
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