Rockhopper Exploration (LON:RKH) Stock Price Up 11.1% – What’s Next?

Rockhopper Exploration plc (LON:RKH) shares shot up 11.1% on Monday . The stock traded as high as GBX 43 ($0.56) and last traded at GBX 42.10 ($0.55). 7,929,271 shares traded hands during mid-day trading, an increase of 120% from the average session volume of 3,610,369 shares. The stock had previously closed at GBX 37.90 ($0.49).

Rockhopper Exploration Trading Down 0.2 %

The company has a market cap of £340.05 million, a price-to-earnings ratio of 21,591.14, a PEG ratio of 0.20 and a beta of 0.87. 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’s 50 day moving average price is GBX 37.29 and its 200-day moving average price is GBX 24.29.

Rockhopper Exploration Company Profile

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.