Hurricane Energy (LON:HUR) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Hurricane Energy plc (LON:HURGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 7.79 ($0.10) and traded as low as GBX 7.37 ($0.10). Hurricane Energy shares last traded at GBX 7.79 ($0.10), with a volume of 15,350,438 shares.

Hurricane Energy Price Performance

The business has a 50 day simple moving average of GBX 7.79 and a two-hundred day simple moving average of GBX 7.79. The firm has a market capitalization of £155.02 million, a P/E ratio of 194.75, a price-to-earnings-growth ratio of -0.79 and a beta of 0.85. The company has a debt-to-equity ratio of 88.96, a quick ratio of 1.65 and a current ratio of 1.91.

Hurricane Energy Company Profile

(Get Free Report)

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops hydrocarbon resources from fractured basement reservoirs on the United Kingdom Continental Shelf, West of Shetland. Its licenses focused on the Rona Ridge; and assets comprise Lancaster, Lincoln, Halifax, and Warwick Crest.

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