Harbour Energy (OTCMKTS:HBRIY) Reaches New 52-Week Low - Here's Why

Harbour Energy plc (OTCMKTS:HBRIY - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $2.28 and last traded at $2.28, with a volume of 243 shares changing hands. The stock had previously closed at $2.32.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Harbour Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th.

Harbour Energy Price Performance

The business's fifty day moving average is $2.75 and its 200-day moving average is $3.13. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.34.

Harbour Energy Cuts Dividend

The business also recently disclosed an annual dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, April 11th will be issued a $0.1119 dividend. The ex-dividend date of this dividend is Friday, April 11th.

About Harbour Energy

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.