Shares of Kosmos Energy Ltd. (LON:KOS – Get Free Report) rose 3.8% on Thursday . The company traded as high as GBX 234 and last traded at GBX 234. Approximately 1,761 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 40,040 shares. The stock had previously closed at GBX 225.50.
Wall Street Analysts Forecast Growth
Separately, Peel Hunt reissued a “hold” rating and set a GBX 210 target price on shares of Kosmos Energy in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 215.
View Our Latest Stock Analysis on Kosmos Energy
Kosmos Energy Trading Down 1.3%
Insider Buying and Selling
In related news, insider Andrew G. Inglis sold 44,628 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of GBX 142, for a total transaction of £63,371.76. In the last 90 days, insiders have sold 266,721 shares of company stock worth $36,882,456. 8.38% of the stock is owned by company 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.
Further Reading
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