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Harbour Energy (OTCMKTS:HBRIY) Shares Down 2% - Here's Why

Harbour Energy logo with Oils/Energy background

Harbour Energy plc (OTCMKTS:HBRIY - Get Free Report) dropped 2% during mid-day trading on Thursday . The company traded as low as $3.39 and last traded at $3.39. Approximately 100 shares changed hands during trading, a decline of 96% from the average daily volume of 2,779 shares. The stock had previously closed at $3.46.

Analyst Ratings Changes

Separately, Barclays upgraded Harbour Energy to a "strong-buy" rating in a research note on Friday, August 9th.

Get Our Latest Stock Analysis on HBRIY

Harbour Energy Stock Performance

The stock has a 50-day moving average of $3.58 and a 200 day moving average of $3.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.81 and a quick ratio of 0.73.

Harbour Energy Dividend Announcement

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

Harbour Energy Company Profile

(Get Free Report)

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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