Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 39,164 shares, a growth of 180.5% from the August 15th total of 13,962 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 99,045 shares, the days-to-cover ratio is currently 0.4 days.
Harbour Energy Stock Performance
OTCMKTS:HBRIY opened at $3.87 on Friday. The company’s 50 day moving average is $3.45 and its 200-day moving average is $3.64. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.04 and a quick ratio of 0.94. Harbour Energy has a 12 month low of $2.51 and a 12 month high of $4.48.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on HBRIY. The Goldman Sachs Group upgraded shares of Harbour Energy from a “hold” rating to a “buy” rating in a report on Thursday. Jefferies Financial Group downgraded Harbour Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 5th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
Harbour Energy Company Profile
Harbour Energy plc is an independent oil and natural gas company headquartered in London. The company explores for, develops and produces hydrocarbons, with activities spanning the upstream energy value chain from exploration and appraisal through field development, production and decommissioning.
Harbour’s portfolio includes interests in producing and developing oil and gas fields, as well as exploration licenses and infrastructure supporting offshore and onshore operations. Its activities have included production from the United Kingdom Continental Shelf and international operations in countries such as Norway, Germany, Denmark, Egypt, Argentina and Mexico.
The company was established as Chrysaor in 2014 and became Harbour Energy following its combination with Premier Oil in 2021.
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