Kosmos Energy Ltd. (KOS) has been under a strong bear grip, hence the stock is down -3.46% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.65% in the past 1 week. The stock has risen by 1.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.06% in the past 4 weeks.
Kosmos Energy Ltd. (NYSE:KOS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.59 and $5.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.61, notching a gain of 0.90% for the day. The total traded volume was 1,744,433 . The stock had closed at $5.56 on the previous day.
The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 0.36%. Kosmos Energy Ltd. is up 5.45% in the last 3-month period. Year-to-Date the stock performance stands at 7.88%.
Kosmos Energy Ltd. (KOS) : Average target price received by Kosmos Energy Ltd. (KOS) is $7.83 with an expected standard deviation of $2.14. The most aggressive target on the stock is $12, whereas the most downbeat target is $6. 6 financial analysts are currently covering the stock.
Kosmos Energy Ltd. (Kosmos) is a holding, independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The Companys operations are conducted through its wholly owned subsidiary, Kosmos Energy, LLC. The Companys assets include existing production and other development projects offshore Ghana, as well as exploration licenses with hydrocarbon potential offshore Ireland, Mauritania, Morocco (including Western Sahara), Senegal and Suriname. The Company has operations in Africa, Europe, South America and Ghana. Its discoveries in Ghana include Jubilee Field, TEN, Mahogany, Teak, Akasa and Wawa. The companys other properties include Ireland, Mauritania, Morocco, Senegal and Suriname.