Kosmos Energy (LON:KOS) Stock Price Down 3.7% – Here’s What Happened

Kosmos Energy Ltd. (LON:KOS) fell 3.7% on Tuesday . The company traded as low as GBX 200 and last traded at GBX 206. Approximately 82 shares changed hands during trading, a decline of 100% from the average daily volume of 25,293 shares. The stock had previously closed at GBX 214.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 210 price objective on shares of Kosmos Energy in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 210.

Kosmos Energy Stock Performance

The company has a market capitalization of £1.23 billion, a P/E ratio of -1.22, a PEG ratio of 0.10 and a beta of 0.73. The stock has a fifty day simple moving average of GBX 178.69 and a 200-day simple moving average of GBX 187.55. The company has a quick ratio of 0.61, a current ratio of 0.59 and a debt-to-equity ratio of 379.09.

Insider Activity

In related news, insider John Grant sold 735 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total transaction of £2,094.75. Also, insider Roy Franklin sold 976 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total transaction of £2,781.60. 6.88% of the stock is currently owned by corporate insiders.

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.