Hurricane Energy (OTCMKTS:HRCXF) Reaches New 1-Year Low at $0.36

Shares of Hurricane Energy PLC (OTCMKTS:HRCXF) hit a new 52-week low on Tuesday . The stock traded as low as $0.36 and last traded at $0.36, with a volume of 86010 shares changing hands. The stock had previously closed at $0.40.

HRCXF has been the subject of several recent analyst reports. Barclays raised shares of Hurricane Energy from an “equal weight” rating to an “overweight” rating in a research note on Thursday, October 10th. BMO Capital Markets lowered shares of Hurricane Energy from an “outperform” rating to a “market perform” rating in a report on Monday. Finally, Zacks Investment Research cut shares of Hurricane Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, December 18th.

The business has a fifty day moving average of $0.44 and a 200 day moving average of $0.52.

Hurricane Energy Company Profile (OTCMKTS:HRCXF)

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs. The company has a portfolio of contiguous offshore licenses on the United Kingdom Continental Shelf, to the west of Shetland. Its producing oil fields include Clair, Foinaven, and Schiehallion; licenses are focuses on the Rona Ridge, a major NE-SW trending basement; and acreage comprises Lancaster, Whirlwind, Lincoln, and Halifax.

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