Harbour Energy plc (OTCMKTS:PMOIF – Get Free Report) shares dropped 4.5% during trading on Tuesday. The stock traded as low as $3.9105 and last traded at $3.9105. Approximately 6,000 shares were traded during mid-day trading, a decline of 42% from the average session volume of 10,429 shares. The stock had previously closed at $4.0950.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Harbour Energy from a “sell” rating to a “neutral” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has an average rating of “Hold”.
Read Our Latest Research Report on Harbour Energy
Harbour Energy Trading Down 9.1%
The company has a fifty day moving average of $3.76 and a two-hundred day moving average of $3.53.
About Harbour Energy
Harbour Energy is an independent oil and natural gas company focused on exploring for, developing and producing hydrocarbons. Its activities span the upstream energy sector, from identifying resources and developing fields to operating producing assets.
The company has operations and interests across Europe, Latin America and North Africa, including in the United Kingdom, Norway, Argentina, Mexico and Egypt. Its portfolio includes both oil and natural gas assets.
Harbour Energy was formed in 2021 through the merger of Chrysaor and Premier Oil.
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