Hurricane Energy (LON:HUR) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Hurricane Energy plc (LON:HUR) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 7.79 ($0.10) and traded as low as GBX 7.37 ($0.09). Hurricane Energy shares last traded at GBX 7.79 ($0.10), with a volume of 15,350,438 shares trading hands.

Hurricane Energy Price Performance

The company has a fifty day moving average of GBX 7.79 and a 200-day moving average of GBX 7.79. The company has a current ratio of 1.91, a quick ratio of 1.65 and a debt-to-equity ratio of 88.96. The stock has a market cap of £155.02 million, a PE ratio of 194.75, a P/E/G ratio of -0.79 and a beta of 0.85.

Hurricane Energy Company Profile

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops hydrocarbon resources from fractured basement reservoirs on the United Kingdom Continental Shelf, West of Shetland. Its licenses focused on the Rona Ridge; and assets comprise Lancaster, Lincoln, Halifax, and Warwick Crest.