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Harbour Energy (OTCMKTS:HBRIY) Shares Gap Up - Time to Buy?

Harbour Energy logo with Energy background

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $2.75, but opened at $2.94. Harbour Energy shares last traded at $2.94, with a volume of 103 shares.

Analysts Set New Price Targets

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

View Our Latest Report on HBRIY

Harbour Energy Trading Up 6.9%

The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.63 and a current ratio of 0.70. The business has a 50 day moving average price of $2.41 and a 200-day moving average price of $2.76.

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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