Harbour Energy plc (LON:HBR) Insider Alexander Krane Purchases 9,644 Shares

Harbour Energy plc (LON:HBR - Get Free Report) insider Alexander Krane purchased 9,644 shares of the stock in a transaction dated Tuesday, May 27th. The stock was bought at an average cost of GBX 179 ($2.41) per share, with a total value of £17,262.76 ($23,227.61).

Harbour Energy Stock Down 1.9%

Shares of HBR traded down GBX 3.50 ($0.05) on Friday, hitting GBX 178 ($2.40). The company's stock had a trading volume of 2,163,023 shares, compared to its average volume of 9,942,006. The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 76.75. The firm's fifty day moving average price is GBX 171.53 and its 200-day moving average price is GBX 217.94. Harbour Energy plc has a fifty-two week low of GBX 146.40 ($1.97) and a fifty-two week high of GBX 333.90 ($4.49). The firm has a market capitalization of £3.19 billion, a price-to-earnings ratio of 55.97, a P/E/G ratio of 0.04 and a beta of -0.23.

Harbour Energy Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Thursday, April 10th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 5.21%. This is an increase from Harbour Energy's previous dividend of $0.13. Harbour Energy's dividend payout ratio is 628.84%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group decreased their price objective on Harbour Energy from GBX 360 ($4.84) to GBX 260 ($3.50) and set a "buy" rating for the company in a research report on Friday, March 14th.

Harbour Energy Company Profile

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.