Hurricane Energy (LON:HUR) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Hurricane Energy plc (LON:HURGet Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Hurricane Energy Stock Up 4.8 %

The company has a debt-to-equity ratio of 88.96, a current ratio of 1.91 and a quick ratio of 1.65. The stock has a market cap of £155.02 million, a price-to-earnings ratio of 194.75, a price-to-earnings-growth ratio of -0.79 and a beta of 0.85. The firm’s 50-day moving average is GBX 7.79 and its 200 day moving average is GBX 7.79.

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.

Further Reading

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