Harbour Energy (OTCMKTS:HBRIY – Get Free Report) was downgraded by The Goldman Sachs Group from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.
Harbour Energy Stock Down 2.8%
Shares of Harbour Energy stock opened at $3.16 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.00 and a quick ratio of 0.93. Harbour Energy has a 12-month low of $2.08 and a 12-month high of $3.83. The company’s fifty day simple moving average is $2.86 and its two-hundred day simple moving average is $2.95.
About Harbour Energy
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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