Shares of Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY - Get Free Report) traded up 7.4% during mid-day trading on Tuesday . The stock traded as high as $3.14 and last traded at $3.14. 6,400 shares traded hands during trading, a decline of 1% from the average session volume of 6,496 shares. The stock had previously closed at $2.93.
Analysts Set New Price Targets
Separately, Morgan Stanley reaffirmed an "overweight" rating on shares of Harbour Energy in a research report on Tuesday, June 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".
Read Our Latest Analysis on Harbour Energy
Harbour Energy Stock Up 5.3%
The company has a debt-to-equity ratio of 0.80, a current ratio of 1.00 and a quick ratio of 0.93. The business's 50 day simple moving average is $3.07 and its 200 day simple moving average is $2.70.
Harbour Energy Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, October 6th. Shareholders of record on Tuesday, August 19th will be paid a $0.1119 dividend. The ex-dividend date is Monday, August 18th. This represents a yield of 623.0%.
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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