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Harbour Energy (OTCMKTS:HBRIY) Shares Gap Down - Should You Sell?

Harbour Energy logo with Energy background

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $2.90, but opened at $2.48. Harbour Energy shares last traded at $2.48, with a volume of 100 shares.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reaffirmed an "overweight" rating on shares of Harbour Energy in a research report on Tuesday, June 17th.

Read Our Latest Report on Harbour Energy

Harbour Energy Stock Down 14.6%

The company has a 50 day simple moving average of $2.56 and a 200 day simple moving average of $2.71. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.63 and a current ratio of 0.70.

Harbour Energy Company Profile

(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.

Further Reading

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