Rockhopper Exploration (OTCMKTS:RCKHF) Shares Up 12% – Should You Buy?

Rockhopper Exploration plc (OTCMKTS:RCKHF)’s share price rose 12% on Monday . The stock traded as high as $0.55 and last traded at $0.50. Approximately 19,000 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 23,636 shares. The stock had previously closed at $0.45.

Rockhopper Exploration Stock Performance

The firm has a 50 day simple moving average of $0.47 and a 200-day simple moving average of $0.31.

About Rockhopper Exploration

Rockhopper Exploration plc, an oil and gas exploration and production company, engages in the exploration, appraisal, and exploitation of oil and gas acreage primarily in the Falkland Islands. The company was incorporated in 2004 and is headquartered in Wiltshire, the United Kingdom.