Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds 124 license interests and 48 producing fields in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. The company is based in Edinburgh, the United Kingdom.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on HBR shares. Morgan Stanley restated an "overweight" rating on shares of Harbour Energy in a report on Wednesday, May 11th. Barclays restated an "overweight" rating on shares of Harbour Energy in a report on Friday, July 15th.
Harbour Energy Trading Up 0.4 %
Shares of HBR Stock traded up GBX 1.60 ($0.02) during trading hours on Friday, hitting GBX 382.40 ($4.62). 3,319,626 shares of the company were exchanged, compared to its average volume of 3,841,749. The firm has a market cap of £3.43 billion and a PE ratio of 3,824.00. Harbour Energy has a 1 year low of GBX 298.50 ($3.61) and a 1 year high of GBX 538.60 ($6.51). The company has a quick ratio of 0.30, a current ratio of 0.56 and a debt-to-equity ratio of 747.69. The firm has a fifty day moving average of GBX 352 and a 200 day moving average of GBX 404.73.
Insider Transactions at Harbour Energy
In other news, insider Blair Thomas sold 1,594,755 shares of the stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of GBX 349 ($4.22), for a total transaction of £5,565,694.95 ($6,725,102.65). In related news, insider Blair Thomas sold 1,594,755 shares of the firm's stock in a transaction that occurred on Wednesday, July 20th. The shares were sold at an average price of GBX 349 ($4.22), for a total value of £5,565,694.95 ($6,725,102.65). Also, insider Andy Hopwood purchased 10,000 shares of the business's stock in a transaction that occurred on Friday, June 17th. The stock was acquired at an average price of GBX 358 ($4.33) per share, for a total transaction of £35,800 ($43,257.61).