Kosmos Energy (LON:KOS) Trading Down 10% – Time to Sell?

Kosmos Energy Ltd. (LON:KOS) shares fell 10% on Monday . The stock traded as low as GBX 187 and last traded at GBX 188.94. Approximately 4,167 shares traded hands during trading, a decline of 85% from the average session volume of 28,266 shares. The stock had previously closed at GBX 209.89.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 210 target price on shares of Kosmos Energy in a report on Monday, July 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Kosmos Energy has an average rating of “Moderate Buy” and a consensus target price of GBX 210.

Kosmos Energy Stock Performance

The company has a market cap of £1.12 billion, a PE ratio of -1.12, a PEG ratio of 0.10 and a beta of 0.71. The company has a debt-to-equity ratio of 579.29, a current ratio of 0.60 and a quick ratio of 0.61. The business has a 50-day moving average of GBX 191.63 and a 200 day moving average of GBX 173.61.

Insider Activity

In other Kosmos Energy news, insider John Grant sold 735 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total transaction of £2,094.75. Also, insider Roy Franklin sold 976 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total transaction of £2,781.60. Company insiders own 6.83% of the company’s stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal. It undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.