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Harbour Energy (OTCMKTS:HBRIY) Downgraded by The Goldman Sachs Group to Hold

Harbour Energy logo with Oils/Energy background

The Goldman Sachs Group cut shares of Harbour Energy (OTCMKTS:HBRIY - Free Report) from a strong-buy rating to a hold rating in a report issued on Wednesday, February 12th,Zacks.com reports.

Harbour Energy Price Performance

Harbour Energy stock traded up $0.06 during midday trading on Wednesday, reaching $3.00. The company's stock had a trading volume of 500 shares, compared to its average volume of 3,563. Harbour Energy has a fifty-two week low of $2.90 and a fifty-two week high of $4.24. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.34. The business has a 50-day simple moving average of $3.16 and a 200-day simple moving average of $3.42.

Harbour Energy Company Profile

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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.

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