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

Harbour Energy plc (LON:HBR) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 228.80 ($2.85) and last traded at GBX 229.38 ($2.85), with a volume of 21597307 shares trading hands. The stock had previously closed at GBX 233 ($2.90).

Analyst Upgrades and Downgrades

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

Harbour Energy Price Performance

The company has a fifty day moving average of GBX 258.45 and a 200-day moving average of GBX 269.92. The company has a current ratio of 0.81, a quick ratio of 0.33 and a debt-to-equity ratio of 89.42. The stock has a market cap of £3.29 billion, a PE ratio of 2,553.33, a P/E/G ratio of 0.04 and a beta of -0.23.

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.