Harbour Energy (OTCMKTS:HBRIY) Shares Gap Down – What’s Next?

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $3.65, but opened at $3.47. Harbour Energy shares last traded at $3.5950, with a volume of 3,508 shares.

Analysts Set New Price Targets

A number of research firms have commented on HBRIY. Jefferies Financial Group cut Harbour Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, June 5th. The Goldman Sachs Group raised Harbour Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Get Our Latest Research Report on Harbour Energy

Harbour Energy Trading Down 0.4%

The company has a quick ratio of 0.94, a current ratio of 1.04 and a debt-to-equity ratio of 0.79. The firm has a 50 day moving average of $3.34 and a 200-day moving average of $3.61.

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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