Kosmos Energy (NYSE:KOS) Sees Unusually-High Trading Volume – Should You Buy?

Kosmos Energy Ltd. (NYSE:KOS) shares saw unusually-strong trading volume on Tuesday . Approximately 5,787,702 shares were traded during mid-day trading, a decline of 19% from the previous session’s volume of 7,168,749 shares.The stock last traded at $3.06 and had previously closed at $2.71.

Analyst Upgrades and Downgrades

Several brokerages recently commented on KOS. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Mizuho cut their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday. Benchmark decreased their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Sanford C. Bernstein cut their price objective on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. Finally, Bank of America decreased their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Kosmos Energy presently has an average rating of “Hold” and a consensus price target of $5.50.

Kosmos Energy Stock Up 13.7 %

The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 7.05, a price-to-earnings-growth ratio of 0.48 and a beta of 2.41. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The business’s 50-day moving average is $3.87 and its two-hundred day moving average is $4.61.

Institutional Trading of Kosmos Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Rothschild Investment LLC purchased a new stake in shares of Kosmos Energy during the 2nd quarter valued at approximately $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Kosmos Energy in the third quarter valued at $28,000. CWM LLC lifted its stake in shares of Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 2,969 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Kosmos Energy by 39,777.8% during the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after purchasing an additional 10,740 shares during the period. Finally, CTC Alternative Strategies Ltd. acquired a new stake in shares of Kosmos Energy during the 3rd quarter worth about $43,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.