Kosmos Energy (LON:KOS) Hits New 12-Month Low – What’s Next?

Kosmos Energy Ltd. (LON:KOS) shares reached a new 52-week low on Monday . The company traded as low as GBX 90 and last traded at GBX 90, with a volume of 2531 shares. The stock had previously closed at GBX 91.

Analysts Set New Price Targets

Separately, Jefferies Financial Group dropped their price objective on shares of Kosmos Energy from GBX 270 to GBX 220 and set a “buy” rating for the company in a research note on Monday, October 20th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 220.

Kosmos Energy Stock Up 1.7%

The company has a quick ratio of 0.61, a current ratio of 0.75 and a debt-to-equity ratio of 224.91. The business has a 50-day simple moving average of GBX 119.13 and a two-hundred day simple moving average of GBX 133.86. The stock has a market capitalization of £420.86 million, a P/E ratio of -2.59, a PEG ratio of 0.10 and a beta of 2.43.

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.