Harbour Energy (OTCMKTS:HBRIY) Trading Down 4.8% – Time to Sell?

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report) shares dropped 4.8% during mid-day trading on Wednesday . The company traded as low as $2.78 and last traded at $2.78. Approximately 1,645 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 29,900 shares. The stock had previously closed at $2.92.

Harbour Energy Trading Up 7.4%

The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.93 and a current ratio of 1.00. The business’s 50 day simple moving average is $2.84 and its 200 day simple moving average is $2.93.

About Harbour Energy

(Get Free Report)

Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.

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