Harbour Energy (LON:HBR) Sets New 12-Month Low – Should You Sell?

Harbour Energy plc (LON:HBR)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 219.10 ($2.78) and last traded at GBX 219.80 ($2.79), with a volume of 11968727 shares. The stock had previously closed at GBX 227.10 ($2.89).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “not rated” rating on shares of Harbour Energy in a research report on Thursday, January 23rd.

Harbour Energy Stock Performance

The company has a debt-to-equity ratio of 76.75, a current ratio of 0.82 and a quick ratio of 0.33. The company has a 50 day simple moving average of GBX 250.37 and a 200-day simple moving average of GBX 260.97. The firm has a market cap of £3.90 billion, a PE ratio of 68.39, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23.

About Harbour Energy

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.