Harbour Energy plc (OTCMKTS:HBRIY - Get Free Report)'s share price dropped 8.5% during trading on Wednesday . The company traded as low as $2.12 and last traded at $2.15. Approximately 14,984 shares changed hands during mid-day trading, an increase of 195% from the average daily volume of 5,080 shares. The stock had previously closed at $2.35.
Analyst Ratings Changes
Separately, The Goldman Sachs Group downgraded shares of Harbour Energy from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th.
Read Our Latest Report on HBRIY
Harbour Energy Price Performance
The firm's 50-day simple moving average is $2.43 and its 200 day simple moving average is $2.95. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.34.
Harbour Energy Cuts Dividend
The company 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 dividend of $0.1119 per share. The ex-dividend date 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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