Rockhopper Exploration (OTCMKTS:RCKHF) Stock Price Down 7.1% – Should You Sell?

Rockhopper Exploration plc (OTCMKTS:RCKHFGet Free Report) shares traded down 7.1% during mid-day trading on Thursday . The company traded as low as $0.88 and last traded at $0.88. 25,000 shares changed hands during trading, a decline of 23% from the average session volume of 32,300 shares. The stock had previously closed at $0.9476.

Rockhopper Exploration Price Performance

The business has a 50 day simple moving average of $1.00 and a two-hundred day simple moving average of $0.99.

Rockhopper Exploration Company Profile

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Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.

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