Harbour Energy plc (OTCMKTS:HBRIY - Get Free Report) fell 8.5% during mid-day trading on Wednesday . The stock traded as low as $2.12 and last traded at $2.15. 14,984 shares were traded during trading, an increase of 195% from the average session volume of 5,080 shares. The stock had previously closed at $2.35.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded shares of Harbour Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th.
Read Our Latest Stock Analysis on Harbour Energy
Harbour Energy Stock Up 1.6 %
The firm has a 50 day moving average of $2.44 and a two-hundred day moving average of $2.96. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.73 and a current ratio of 0.81.
Harbour Energy Cuts Dividend
The business also recently announced an annual dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, April 11th will be given a dividend of $0.1119 per share. The ex-dividend date of this dividend is Friday, April 11th.
About Harbour Energy
(
Get Free Report)
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.
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