Harbour Energy (OTCMKTS:HBRIY) Shares Gap Up – Should You Buy?

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $2.58, but opened at $2.75. Harbour Energy shares last traded at $2.75, with a volume of 360 shares changing hands.

Harbour Energy Trading Down 1.8%

The firm’s 50 day simple moving average is $2.89 and its 200-day simple moving average is $2.92. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.00 and a quick ratio of 0.93.

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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