Kosmos Energy Ltd (NYSE:KOS) shares traded 1.29% higher at $3.14 on Wall Street last session.
KOS stock price is now -6.87% away from the 50-day moving average and -30.16% away from the 200-day moving average. The market capitalization of the company currently stands at $1.48B.
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On September 19, 2024, Mizuho recently initiated its ‘Neutral’ rating on the stock quoting a target price of $5, while ‘Stifel’ rates the stock as ‘Buy’
In other news, Glass Ronald W., VP & Chief Accounting Officer sold 10,354 shares of the company’s stock on Feb 05 ’25. The stock was sold for $32,304 at an average price of $3.12. Upon completion of the transaction, the VP & Chief Accounting Officer now directly owns 299,498 shares in the company, valued at $0.94 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, VP & Chief Accounting Officer Glass Ronald W. sold 10,379 shares of the business’s stock. A total of $32,279 was realized by selling the stock at an average price of $3.11. This leaves the insider owning 309,852 shares of the company worth $0.97 million. A total of 4.31% of the company’s stock is owned by insiders.
During the past 12 months, Kosmos Energy Ltd has had a low of $2.62 and a high of $6.58. As of last week, the company has a debt-to-equity ratio of 2.25, a current ratio of 0.75, and a quick ratio of 0.47. The fifty day moving average price for KOS is $3.3716 and a two-hundred day moving average price translates $4.4959 for the stock.
The latest earnings results from Kosmos Energy Ltd (NYSE: KOS) was released for 2024-09-30. The net profit margin was 12.14% and return on equity was 19.86% for KOS. The company reported revenue of $407.83 million for the quarter, compared to $526.55 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.55 percent.
