Rockhopper Exploration’s (RKH) Speculative Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reiterated their speculative buy rating on shares of Rockhopper Exploration (LON:RKH) in a research report report published on Monday morning,Digital Look reports. The firm currently has a GBX 90 price objective on the stock.

Rockhopper Exploration Stock Performance

Shares of RKH stock opened at GBX 75.51 on Monday. 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’s fifty day moving average price is GBX 75.24 and its two-hundred day moving average price is GBX 58.17. The firm has a market capitalization of £483.67 million, a P/E ratio of 1,037.25, a P/E/G ratio of 0.20 and a beta of 0.87. Rockhopper Exploration has a 12 month low of GBX 12.20 and a 12 month high of GBX 91.60.

About Rockhopper Exploration

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.