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

Hurricane Energy plc (LON:HURGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 company has a market capitalization of £155.02 million, a P/E ratio of 194.75, a PEG ratio of -0.79 and a beta of 0.85. The firm’s 50 day moving average price is GBX 7.79 and its two-hundred day moving average price is GBX 7.79. The company has a current ratio of 1.91, a quick ratio of 1.65 and a debt-to-equity ratio of 88.96.

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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