Rockhopper Exploration (OTCMKTS:RCKHF) Trading Down 1.5% – Here’s What Happened

Rockhopper Exploration plc (OTCMKTS:RCKHFGet Free Report) dropped 1.5% during mid-day trading on Thursday . The company traded as low as $0.9750 and last traded at $0.9750. Approximately 400 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 23,995 shares. The stock had previously closed at $0.9894.

Rockhopper Exploration Stock Performance

The company’s 50-day moving average price is $0.97 and its 200 day moving average price is $1.01.

Rockhopper Exploration Company Profile

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Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.

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