Louise Hough Acquires 12,116 Shares of Harbour Energy plc (LON:HBR) Stock

Harbour Energy plc (LON:HBR - Get Free Report) insider Louise Hough purchased 12,116 shares of the stock in a transaction dated Tuesday, April 8th. The stock was acquired at an average price of GBX 176 ($2.30) per share, for a total transaction of £21,324.16 ($27,900.25).

Harbour Energy Trading Up 1.5 %

Shares of Harbour Energy stock traded up GBX 2.30 ($0.03) during trading hours on Monday, reaching GBX 153.50 ($2.01). The stock had a trading volume of 1,936,312 shares, compared to its average volume of 12,756,017. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. Harbour Energy plc has a 1 year low of GBX 150.20 ($1.97) and a 1 year high of GBX 333.90 ($4.37). The firm has a market capitalization of £2.75 billion, a price-to-earnings ratio of 48.26, a P/E/G ratio of 0.04 and a beta of -0.23. The firm has a 50 day simple moving average of GBX 206.69 and a two-hundred day simple moving average of GBX 242.52.

Harbour Energy Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Thursday, April 10th will be given a dividend of $0.13 per share. This represents a yield of 5.21%. This is a boost from Harbour Energy's previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, April 10th. Harbour Energy's payout ratio is 628.84%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Canaccord Genuity Group reduced their price objective on shares of Harbour Energy from GBX 360 ($4.71) to GBX 260 ($3.40) and set a "buy" rating on the stock in a research note on Friday, March 14th. Shore Capital reiterated a "not rated" rating on shares of Harbour Energy in a report on Thursday, January 23rd.

Harbour Energy Company Profile

Harbour Energy is the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia.