Rockhopper Exploration plc (LON:RKH – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 13.95 ($0.18) and traded as low as GBX 12.80 ($0.17). Rockhopper Exploration shares last traded at GBX 12.95 ($0.17), with a volume of 5,210,511 shares changing hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 37 ($0.48) price objective on shares of Rockhopper Exploration in a report on Thursday, September 26th.
Check Out Our Latest Research Report on RKH
Rockhopper Exploration Price Performance
Rockhopper Exploration Company Profile
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.
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