Kosmos Energy Ltd (NYSE:KOS) shares traded -7.64% lower at $2.66 on Wall Street last session.
KOS stock price is now -19.70% away from the 50-day moving average and -39.78% away from the 200-day moving average. The market capitalization of the company currently stands at $1.26B.
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 $0.8 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 $0.82 million. A total of 4.28% 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 2.30, a current ratio of 0.75, and a quick ratio of 0.46.
The net profit margin was 11.30% and return on equity was 17.01% for KOS. The company reported revenue of $397.66 million for the quarter, compared to $507.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -21.69 percent. For the current quarter, analysts expect KOS to generate $315M in revenue.
