Harbour Energy plc (OTCMKTS:HBRIY - Get Free Report) shares dropped 4.4% on Thursday . The stock traded as low as $2.37 and last traded at $2.37. Approximately 325 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 4,740 shares. The stock had previously closed at $2.48.
Wall Street Analyst Weigh In
HBRIY has been the topic of a number of research reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Harbour Energy in a research report on Tuesday, May 20th. The Goldman Sachs Group lowered shares of Harbour Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th.
View Our Latest Stock Report on Harbour Energy
Harbour Energy Stock Performance
The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.73 and a current ratio of 0.81. The business has a 50-day moving average of $2.36 and a two-hundred day moving average of $2.84.
Harbour Energy Cuts Dividend
The company also recently disclosed an annual dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, April 11th will be issued a dividend of $0.1119 per share. The ex-dividend date of this dividend is Friday, April 11th.
Harbour Energy Company Profile
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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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