Harbour Energy (LON:HBR) Reaches New 12-Month Low – What’s Next?

Harbour Energy plc (LON:HBR)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 219.10 ($2.82) and last traded at GBX 219.80 ($2.83), with a volume of 11968727 shares traded. The stock had previously closed at GBX 227.10 ($2.93).

Wall Street Analysts Forecast Growth

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

Harbour Energy Stock Down 9.1 %

The company’s 50-day moving average is GBX 249.01 and its 200 day moving average is GBX 259.92. The stock has a market capitalization of £3.49 billion, a PE ratio of 61.19, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75.

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.