Kosmos Energy Ltd (NYSE:KOS) shares, rose in value on Thursday, January 02, with the stock price up by 11.40% to the previous day’s close as strong demand from buyers drove the stock to $3.81.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.42, falling within a range of $3.51 and $3.83. The value of beta (5-year monthly) is 2.434 whereas the PE ratio is 8.40 over 12-month period. Referring to stock’s 52-week performance, its high was $6.93, and the low was $2.62. On the whole, KOS has fluctuated by 0.26% over the past month.
With the market capitalization of Kosmos Energy Ltd currently standing at about $1.80 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.73B, with a low estimate of 405M and a high estimate of 426.21M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 416.02M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KOS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.35, with the price of KOS currently trading nearly 15.05% and 4.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.16, while the 7-day volatility ratio is showing 4.46% which for the 30-day chart, stands at 6.81%. Furthermore, Kosmos Energy Ltd (KOS)’s beta value is 2.45, and its average true range (ATR) is 0.23.
A comparison of Kosmos Energy Ltd (KOS) with its peers suggests the former has fared considerably weaker in the market. KOS showed an intraday change of 11.40% in today’s session so far, and over the past year, it shrunk by -43.39%%.
Data on historical trading for Kosmos Energy Ltd (NYSE:KOS) indicates that the trading volumes over the past 10 days have averaged 12.33 and over the past 3 months, they’ve averaged 9.44 million. According to company’s latest data on outstanding shares, there are 471.82 million shares outstanding.
Nearly 4.03% of Kosmos Energy Ltd’s shares belong to company insiders and institutional investors own 99.81% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 40.45 million shares as on 2024-12-13, resulting in a short ratio of 4.73. According to the data, the short interest in Kosmos Energy Ltd (KOS) stood at 1137.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 38.75 million. The stock has risen by 11.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KOS stock heading into the next quarter.
