Kosmos Energy Stock Bearish Momentum With A 24% Drop In The Last 10 Sessions

(VIANEWS) – Shares of Kosmos Energy (NYSE: KOS) fell by a staggering 24.66% in 10 sessions from $8.03 to $6.05 at 14:09 EST on Friday, following the last session’s upward trend. NYSE is dropping 1.44% to $14,617.43, following the last session’s upward trend.

Kosmos Energy’s last close was $6.37, 25.5% under its 52-week high of $8.55.

About Kosmos Energy

Kosmos Energy Ltd., a deep-water independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company's primary assets include production offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. It also maintains a proven basin exploration program. The company was founded in 2003 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Kosmos Energy has a trailing twelve months EPS of $-1.02.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 74.48%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Kosmos Energy’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for Kosmos Energy is 4349517 which is 32.4% below its average volume of 6180980.

Sales Growth

Kosmos Energy’s sales growth is negative 7.3% for the current quarter and negative 14.5% for the next.

More news about Kosmos Energy (KOS).

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