Alert: Major Price Decline (3/5/24)-Kosmos Energy Ltd (NYSE: KOS).

out_logo_500#67290.jpg

On 3/5/24, Kosmos Energy Ltd (NYSE: KOS) stock suffered a major decline of -10.1%, closing at $5.40. Moreover, exceptionally high trading volume at 563% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.3% during the last week.

out_mm#67290.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, KOS is expected to continue to be a major Value Builder.

Kosmos Energy has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kosmos Energy has a slightly positive Appreciation Score of 63 and a neutral Power Rating of 46, and the Neutral Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*