Harbour Energy (OTCMKTS:HBRIY) Trading Down 2% – What’s Next?

Harbour Energy plc (OTCMKTS:HBRIY)’s stock price fell 2% during mid-day trading on Thursday . The stock traded as low as $3.39 and last traded at $3.39. 100 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,779 shares. The stock had previously closed at $3.46.

Wall Street Analysts Forecast Growth

Separately, Barclays raised Harbour Energy to a “strong-buy” rating in a research report on Friday, August 9th.

Harbour Energy Stock Down 2.0 %

The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.73 and a current ratio of 0.81. The company’s 50 day moving average is $3.59 and its 200 day moving average is $3.75.

Harbour Energy Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, October 7th. Investors of record on Tuesday, August 20th were paid a $0.1144 dividend. This represents a dividend yield of 8.43%. The ex-dividend date of this dividend was Monday, August 19th.

Harbour Energy Company Profile

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.