In today’s recent session, 1.53 million shares of the Kosmos Energy Ltd (NYSE:KOS) have been traded, and its beta is 1.94. Most recently the company’s share price was $2.30, and it changed around $0.04 or 1.64% from the last close, which brings the market valuation of the company to $1.10B. KOS at last check was trading at a discount to its 52-week high of $6.58, offering almost -186.09% off that amount. The share price’s 52-week low was $2.07, which indicates that the recent value has risen by an impressive 10.0% since then. We note from Kosmos Energy Ltd’s average daily trading volume that its 10-day average is 11.14 million shares, with the 3-month average coming to 9.21 million.
Kosmos Energy Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended KOS as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Kosmos Energy Ltd (NYSE:KOS) trade information
Instantly KOS has been showing a green trend so far today with a performance of 1.64% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.34 on recent trading dayincreased the stock’s daily price by 1.71%. The company’s shares are currently down -32.83% year-to-date, but still up 1.19% over the last five days. On the other hand, Kosmos Energy Ltd (NYSE:KOS) is -20.24% down in the 30-day period. We can see from the shorts that 49.08 million shares have been sold at a short interest cover period of 5.86 day(s).
The consensus price target as assigned by Wall Street analysts is $5.3, which translates to bulls needing to increase their stock price by 56.6% from its current value. Analyst projections state that KOS is forecast to be at a low of $5 and a high of $5.6.
Kosmos Energy Ltd (NYSE:KOS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.20% of Kosmos Energy Ltd shares, and 96.40% of them are in the hands of institutional investors. The stock currently has a share float of 98.57%. Kosmos Energy Ltd stock is held by 371.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 10.1315% of the shares, which is about 47.42 million shares worth $262.71 million.
FMR LLC, with 8.3099% or 38.89 million shares worth $215.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
GMO Resources Fund and Patient Opportunity Trust were the top two Mutual Funds as of Nov 30, 2024. The former held 22.74 shares worth $52.3 million, making up 4.76% of all outstanding shares. On the other hand, Patient Opportunity Trust held roughly 13.5 shares worth around $31.05 million, which represents about 2.82% of the total shares outstanding.
