Kosmos Energy Ltd. (LON:KOS – Get Free Report)’s share price rose 0.2% during mid-day trading on Friday . The company traded as high as GBX 492 ($6.12) and last traded at GBX 483 ($6.01). Approximately 3 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 904 shares. The stock had previously closed at GBX 482 ($6.00).
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 610 ($7.59) target price on shares of Kosmos Energy in a report on Tuesday, February 20th.
View Our Latest Stock Report on Kosmos Energy
Kosmos Energy Trading Up 0.2 %
Insiders Place Their Bets
In other Kosmos Energy news, insider Andrew G. Inglis sold 182,948 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of GBX 549 ($6.83), for a total transaction of £1,004,384.52 ($1,250,323.07). 2.78% of the stock is owned by insiders.
About Kosmos Energy
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.
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