Harbour Energy (OTCMKTS:HBRIY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report) saw strong trading volume on Friday . 30,060 shares traded hands during mid-day trading, an increase of 376% from the previous session’s volume of 6,312 shares.The stock last traded at $3.00 and had previously closed at $2.90.

Harbour Energy Stock Performance

The company has a 50-day moving average of $2.97 and a two-hundred day moving average of $2.79. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.93 and a current ratio of 1.00.

Harbour Energy Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, October 6th. Stockholders of record on Tuesday, August 19th were given a $0.1119 dividend. This represents a dividend yield of 623.0%. The ex-dividend date of this dividend was Monday, August 18th.

About Harbour Energy

(Get Free Report)

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.

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