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

Harbour Energy plc (LON:HBR) insider Louise Hough purchased 12,116 shares of the business’s stock in a transaction that occurred on Tuesday, April 8th. The stock was acquired at an average price of GBX 176 ($2.25) per share, for a total transaction of £21,324.16 ($27,247.84).

Harbour Energy Stock Performance

HBR opened at GBX 157.90 ($2.02) on Thursday. The stock has a market cap of £2.83 billion, a P/E ratio of 49.65, a P/E/G ratio of 0.04 and a beta of -0.23. 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 firm has a fifty day moving average price of GBX 209.91 and a 200 day moving average price of GBX 244.30. Harbour Energy plc has a 1 year low of GBX 155.90 ($1.99) and a 1 year high of GBX 333.90 ($4.27).

Harbour Energy Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Thursday, April 10th will be paid a dividend of $0.13 per share. This is a positive change from Harbour Energy’s previous dividend of $0.13. This represents a dividend yield of 5.21%. The ex-dividend date of this dividend is Thursday, April 10th. Harbour Energy’s dividend payout ratio is presently 628.84%.

Analyst Ratings Changes

A number of research firms have recently weighed in on HBR. Shore Capital reiterated a “not rated” rating on shares of Harbour Energy in a research note on Thursday, January 23rd. Canaccord Genuity Group reduced their price objective on Harbour Energy from GBX 360 ($4.60) to GBX 260 ($3.32) and set a “buy” rating for the company in a research note on Friday, March 14th.

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.