Zacks Investment Research upgraded shares of Hurricane Energy (OTCMKTS:HRCXF) from a sell rating to a hold rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “Hurricane Energy PLC is involved in the exploration of oil and gas properties primarily in the United Kingdom. Hurricane Energy PLC is headquartered in Godalming, the United Kingdom. “

Hurricane Energy stock opened at $0.68 on Wednesday. Hurricane Energy has a 12 month low of $0.51 and a 12 month high of $0.79. The firm has a 50 day moving average price of $0.67.

Hurricane Energy Company Profile

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs. The company has a portfolio of contiguous offshore licenses on the United Kingdom Continental Shelf, to the west of Shetland. Its producing oil fields include Clair, Foinaven, and Schiehallion; licenses are focuses on the Rona Ridge, a major NE-SW trending basement; and acreage comprises Lancaster, Whirlwind, Lincoln, and Halifax.

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