Harbour Energy (LON:HBR) Reaches New 1-Year Low – Should You Sell?

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

Analyst Upgrades and Downgrades

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

Harbour Energy Trading Down 9.1 %

The firm has a market cap 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 50-day simple moving average of GBX 249.01 and a 200 day simple moving average of GBX 259.92. 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.