Rockhopper Exploration (LON:RKH) Trading Up 8.2% – Here’s What Happened

Rockhopper Exploration plc (LON:RKH)’s share price was up 8.2% on Monday . The stock traded as high as GBX 42.24 ($0.55) and last traded at GBX 41 ($0.53). Approximately 5,020,377 shares were traded during mid-day trading, an increase of 41% from the average daily volume of 3,560,216 shares. The stock had previously closed at GBX 37.90 ($0.49).

Rockhopper Exploration Price Performance

The company has a market cap of £328.05 million, a price-to-earnings ratio of 20,829.10, a PEG ratio of 0.20 and a beta of 0.87. The company has a quick ratio of 2.94, a current ratio of 1.27 and a debt-to-equity ratio of 0.12. The company’s fifty day moving average price is GBX 37.04 and its two-hundred day moving average price is GBX 23.91.

About Rockhopper Exploration

Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin.