Harbour Energy (OTCMKTS:HBRIY) Trading Up 0.1% – Should You Buy?

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) was up 0.1% during mid-day trading on Monday . The stock traded as high as $3.29 and last traded at $3.26. Approximately 28,687 shares traded hands during trading, an increase of 251% from the average daily volume of 8,177 shares. The stock had previously closed at $3.25.

Analyst Ratings Changes

Separately, Morgan Stanley restated an “overweight” rating on shares of Harbour Energy in a research report on Tuesday, June 17th.

Harbour Energy Trading Up 0.1%

The company’s fifty day simple moving average is $2.73 and its two-hundred day simple moving average is $2.65. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 0.68.

Harbour Energy Company Profile

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.