Kosmos Energy (LON:KOS) Reaches New 52-Week Low – Here’s What Happened

Shares of Kosmos Energy Ltd. (LON:KOS) hit a new 52-week low on Tuesday . The company traded as low as GBX 105 and last traded at GBX 105, with a volume of 1899 shares. The stock had previously closed at GBX 105.36.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut their price objective on shares of Kosmos Energy from GBX 270 to GBX 220 and set a “buy” rating on the stock in a report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Kosmos Energy has a consensus rating of “Buy” and a consensus price target of GBX 220.

Kosmos Energy Trading Down 0.3%

The company has a 50-day simple moving average of GBX 121.84 and a 200 day simple moving average of GBX 134.78. The firm has a market cap of £502.17 million, a PE ratio of -3.09, a price-to-earnings-growth ratio of 0.10 and a beta of 2.43. The company has a current ratio of 0.75, a quick ratio of 0.61 and a debt-to-equity ratio of 224.91.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.