Harbour Energy (LON:HBR) Stock Price Down 6.7% – Here’s Why

Shares of Harbour Energy plc (LON:HBR) were down 6.7% during mid-day trading on Thursday . The stock traded as low as GBX 194.89 ($2.51) and last traded at GBX 199.73 ($2.57). Approximately 6,079,172 shares were traded 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).

Wall Street Analysts Forecast Growth

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

Harbour Energy Stock Down 13.2 %

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 firm has a market capitalization of £3.33 billion, a price-to-earnings ratio of 58.43, a PEG ratio of 0.04 and a beta of -0.23. The stock has a fifty day moving average of GBX 249.01 and a 200-day moving average of GBX 259.92.

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.