Kosmos Energy (LON:KOS) Stock Price Down 4.4% – Should You Sell?

Kosmos Energy Ltd. (LON:KOS)’s stock price dropped 4.4% during trading on Thursday . The stock traded as low as GBX 186.50 and last traded at GBX 195. Approximately 74,219 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 45,159 shares. The stock had previously closed at GBX 204.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt restated a “hold” rating and issued a GBX 210 price target on shares of Kosmos Energy in a research note on Monday, January 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 215.

Kosmos Energy Stock Down 4.4%

The company has a quick ratio of 0.61, a current ratio of 0.75 and a debt-to-equity ratio of 577.53. The firm has a market cap of £1.16 billion, a price-to-earnings ratio of -1.33, a price-to-earnings-growth ratio of 0.10 and a beta of 0.66. The stock’s 50 day moving average is GBX 165.26 and its 200 day moving average is GBX 122.94.

Insider Activity at Kosmos Energy

In related news, insider Andrew G. Inglis sold 297,660 shares of the firm’s stock in a transaction that occurred on Saturday, January 31st. The shares were sold at an average price of GBX 158, for a total transaction of £470,302.80. Insiders have sold a total of 564,381 shares of company stock worth $83,912,736 in the last quarter. 8.38% of the stock is owned by company insiders.

About Kosmos Energy

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.