Kosmos Energy Ltd. (KOS) : Traders are bullish on Kosmos Energy Ltd. (KOS) as it has outperformed the S&P 500 by a wide margin of 9.77% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.84%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.36% in the last 1 week, and is up 9.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.77% and the 50-Day Moving Average is 7.94%.The 200 Day SMA reached 12.54%. Kosmos Energy Ltd. is up 5.85% in the last 3-month period. Year-to-Date the stock performance stands at 18.27%.
Kosmos Energy Ltd. (NYSE:KOS): After opening at $6.14, the stock dipped to an intraday low of $6.09 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $6.23 and the buying power remained strong till the end. The stock closed at $6.15 for the day, a gain of 1.32% for the day session. The total traded volume was 703,139. The stocks close on the previous trading day was $6.07.
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.