Harbour Energy (OTCMKTS:HBRIY) Trading Down 2.5% - Should You Sell?

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY - Get Free Report)'s share price traded down 2.5% during trading on Wednesday . The stock traded as low as $2.75 and last traded at $2.75. Approximately 3,500 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 4,834 shares. The stock had previously closed at $2.82.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an "overweight" rating on shares of Harbour Energy in a report on Tuesday, May 20th.

Harbour Energy Stock Down 2.5%

The company has a debt-to-equity ratio of 0.68, a current ratio of 0.70 and a quick ratio of 0.63. The company's 50 day moving average is $2.35 and its 200 day moving average is $2.78.

Harbour Energy Company Profile

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.

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.