Gulf Keystone Petroleum Limited (LON:GKP – Get Free Report) insider Gabriel Papineau-Legris purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were acquired at an average cost of GBX 197 per share, for a total transaction of £19,700.
Gulf Keystone Petroleum Stock Down 7.8%
Shares of LON:GKP traded down GBX 17.50 during trading on Tuesday, hitting GBX 207.50. 5,928,815 shares of the company’s stock traded hands, compared to its average volume of 1,139,177. Gulf Keystone Petroleum Limited has a 52 week low of GBX 160.60 and a 52 week high of GBX 235. The company has a current ratio of 2.00, a quick ratio of 2.18 and a debt-to-equity ratio of 0.25. The company has a market cap of £451.19 million, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 0.06 and a beta of 0.12. The company has a 50-day moving average price of GBX 193.67 and a 200-day moving average price of GBX 185.94.
Analysts Set New Price Targets
Several analysts have commented on GKP shares. Peel Hunt restated a “buy” rating and set a GBX 277 target price on shares of Gulf Keystone Petroleum in a report on Monday, July 13th. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 275 price target on shares of Gulf Keystone Petroleum in a report on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Gulf Keystone Petroleum has a consensus rating of “Buy” and a consensus target price of GBX 276.
View Our Latest Research Report on Gulf Keystone Petroleum
About Gulf Keystone Petroleum
Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services. The company was incorporated in 2001 and is based in Hamilton, Bermuda.
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