Insider Buying: Rockhopper Exploration Plc (RKH) Insider Acquires £150 in Stock
Rockhopper Exploration Plc (LON:RKH) insider Samuel John Moody purchased 750 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The stock was acquired at an average price of GBX 20 ($0.26) per share, for a total transaction of £150 ($194.00).
Shares of Rockhopper Exploration Plc (LON:RKH) opened at 20.75 on Monday. The company’s 50-day moving average is GBX 20.19 and its 200 day moving average is GBX 21.35. The company’s market cap is GBX 94.13 million. Rockhopper Exploration Plc has a 52-week low of GBX 17.75 and a 52-week high of GBX 32.00.
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Several equities analysts recently commented on the stock. Peel Hunt restated a “hold” rating and issued a GBX 25 ($0.32) price target on shares of Rockhopper Exploration Plc in a research note on Friday, July 21st. Royal Bank Of Canada assumed coverage on shares of Rockhopper Exploration Plc in a research note on Tuesday, July 25th. They issued a “sector performer” rating and a GBX 30 ($0.39) price target on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 55.60 ($0.72).
About Rockhopper Exploration Plc
Rockhopper Exploration plc is an oil and gas exploration and production company. The Company is engaged in the exploration and exploitation of its oil and gas acreage. The Company operates through three segments, which include the oil and gas exploration activities in the geographical regions of the Falkland Islands, and the Greater Mediterranean region, as well as its corporate activities centered in the United Kingdom.
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