Hurricane Energy (LON:HUR) Shares Pass Below 200-Day Moving Average – What’s Next?

Hurricane Energy plc (LON:HURGet Free Report) crossed below its 200-day moving average during trading on Thursday . 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 Stock Performance

The firm has a 50 day moving average of GBX 7.79 and a two-hundred day moving average of GBX 7.79. The stock has a market cap of £155.02 million, a P/E ratio of 194.75, a P/E/G ratio of -0.79 and a beta of 0.85. The company has a debt-to-equity ratio of 88.96, a quick ratio of 1.65 and a current ratio of 1.91.

About Hurricane Energy

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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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