Rockhopper Exploration (LON:RKH) Shares Cross Above 200-Day Moving Average – Time to Sell?

Shares of Rockhopper Exploration plc (LON:RKH) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 18.32 ($0.23) and traded as high as GBX 35.10 ($0.44). Rockhopper Exploration shares last traded at GBX 34.90 ($0.43), with a volume of 2,127,349 shares.

Rockhopper Exploration Trading Down 1.7 %

The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.94 and a current ratio of 1.72. The firm has a market cap of £219.27 million, a PE ratio of 1,715.00, a PEG ratio of 0.20 and a beta of 0.87. The stock’s 50 day simple moving average is GBX 26.58 and its 200 day simple moving average is GBX 18.32.

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.