Kosmos Energy Ltd. (NYSE:KOS) has risen sharply, recording gains of 0.18% in the past 4 weeks. However, the stock has corrected -0.53% in the past 1 week, providing a good buying opportunity on dips. Kosmos Energy Ltd. (NYSE:KOS) : During the past 4 weeks, traders have been relatively bearish on Kosmos Energy Ltd. (NYSE:KOS), hence the stock is down -1.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.79% relative to the S&P 500.
The company shares have dropped -27.77% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $8.03 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $5.54 and the 200 Day Moving Average price is recorded at $5.22.
The stock has recorded a 20-day Moving Average of 2.17% and the 50-Day Moving Average is 2.86%.
Kosmos Energy Ltd. (NYSE:KOS): stock turned positive on Friday. Though the stock opened at $5.72, the bulls momentum made the stock top out at $5.76 level for the day. The stock recorded a low of $5.53 and closed the trading day at $5.67, in the green by 0.71%. The total traded volume for the day was 1,337,310. The stock had closed at $5.63 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Nobel Paul, officer (Senior VP, CAO) of Kosmos Energy Ltd., had unloaded 2,997 shares at an average price of $6.95 in a transaction dated on August 3, 2015. The total value of the transaction was worth $20,829.
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.