Harbour Energy (LON:HBR) Reaches New 1-Year Low – Here’s Why

Shares of Harbour Energy plc (LON:HBR) hit a new 52-week low on Tuesday . The company traded as low as GBX 238.60 ($2.97) and last traded at GBX 239.90 ($2.98), with a volume of 7893632 shares traded. The stock had previously closed at GBX 241.50 ($3.00).

Analysts Set New Price Targets

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

Harbour Energy Stock Performance

The company has a debt-to-equity ratio of 89.42, a quick ratio of 0.33 and a current ratio of 0.81. The stock has a market capitalization of £3.41 billion, a P/E ratio of 2,651.22, a PEG ratio of 0.04 and a beta of -0.23. The business has a 50-day moving average price of GBX 260.91 and a 200 day moving average price of GBX 272.46.

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.