Harbour Energy (LON:HBR) Shares Down 6.7% – Should You Sell?

Shares of Harbour Energy plc (LON:HBR) dropped 6.7% during trading on Thursday . The company traded as low as GBX 194.89 ($2.51) and last traded at GBX 199.73 ($2.57). Approximately 6,079,172 shares changed hands during trading, an increase of 33% from the average daily volume of 4,582,031 shares. The stock had previously closed at GBX 214 ($2.76).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Harbour Energy in a research note on Thursday, January 23rd.

Harbour Energy Stock Performance

The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. The business’s 50 day moving average is GBX 249.01 and its 200 day moving average is GBX 259.92. The stock has a market capitalization of £3.40 billion, a PE ratio of 59.54, a PEG ratio of 0.04 and a beta of -0.23.

About Harbour Energy

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.