Kosmos Energy Ltd. (KOS) has risen sharply, recording gains of 7.21% in the past 4 weeks. However, the stock has corrected -5.1% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.43% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.98% and the fifty day Moving Average is 5.29%. Kosmos Energy Ltd. is up 11.84% in the last three month period. Year-to-Date the stock performance stands at 14.42%.
Kosmos Energy Ltd. (KOS) stock is expected to deviate a maximum of $2.16 from the average target price of $7.67 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $12 and the most muted being $6.
Kosmos Energy Ltd. (NYSE:KOS): On Fridays trading session , Opening price of the stock was $6.03 with an intraday high of $6.1. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.935. However, the stock managed to close at $5.95, a loss of 1.16% for the day. On the previous day, the stock had closed at $6.02. The total traded volume of the day was 1,076,172 shares.
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.