Harbour Energy (OTCMKTS:HBRIY) Shares Gap Up – Here’s What Happened

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $3.70, but opened at $3.97. Harbour Energy shares last traded at $3.62, with a volume of 1,500 shares trading hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Harbour Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Harbour Energy presently has an average rating of “Hold”.

View Our Latest Stock Analysis on HBRIY

Harbour Energy Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.04 and a quick ratio of 0.94. The company’s 50 day moving average is $3.90 and its two-hundred day moving average is $3.39.

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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