Rockhopper Exploration (LON:RKH) Hits New 52-Week High – Here’s What Happened

Rockhopper Exploration plc (LON:RKH) hit a new 52-week high on Tuesday . The company traded as high as GBX 43.40 ($0.55) and last traded at GBX 42.70 ($0.54), with a volume of 6512159 shares trading hands. The stock had previously closed at GBX 39.90 ($0.50).

Rockhopper Exploration Trading Up 7.0 %

The company has a current ratio of 1.27, a quick ratio of 2.94 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of GBX 30.89 and a two-hundred day simple moving average of GBX 20.02. The stock has a market cap of £341.65 million, a price-to-earnings ratio of 21,692.75, a price-to-earnings-growth ratio of 0.20 and a beta of 0.87.

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.