Hurricane Energy (OTCMKTS:HRCXF) Lifted to Hold at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Hurricane Energy (OTCMKTS:HRCXFGet Rating) from a sell rating to a hold rating in a research report report published on Thursday, The Fly reports.

Shares of OTCMKTS:HRCXF opened at $0.13 on Thursday. Hurricane Energy has a 12 month low of $0.01 and a 12 month high of $0.16. The company’s 50-day moving average price is $0.10 and its two-hundred day moving average price is $0.07.

Hurricane Energy Company Profile (Get Rating)

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs. The company has a portfolio of contiguous offshore licenses on the United Kingdom Continental Shelf, West of Shetland. Its producing oil fields include Clair, Foinaven, and Schiehallion; licenses focuses on the Rona Ridge, a major NE-SW trending basement; and assets comprise Lancaster, Whirlwind, Lincoln, Halifax, and Warwick.

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