Harbour Energy plc (LON:HBR - Get Free Report) insider Blair Thomas sold 6,653,009 shares of the company's stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 206 ($2.67), for a total transaction of £13,705,198.54 ($17,743,654.25).
Harbour Energy Stock Up 3.0 %
Shares of LON:HBR opened at GBX 201.40 ($2.61) on Wednesday. The company has a market cap of £3.61 billion, a price-to-earnings ratio of 63.32, a PEG ratio of 0.04 and a beta of -0.23. The company has a 50-day moving average price of GBX 229.73 and a 200 day moving average price of GBX 250.72. Harbour Energy plc has a 12 month low of GBX 177.90 ($2.30) and a 12 month high of GBX 333.90 ($4.32). The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75.
Harbour Energy Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Thursday, April 10th will be given a dividend of $0.13 per share. This represents a dividend yield of 5.21%. This is an increase from Harbour Energy's previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, April 10th. Harbour Energy's dividend payout ratio (DPR) is 628.84%.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Shore Capital reiterated a "not rated" rating on shares of Harbour Energy in a report on Thursday, January 23rd. Canaccord Genuity Group dropped their price objective on Harbour Energy from GBX 360 ($4.66) to GBX 260 ($3.37) and set a "buy" rating on the stock in a research report on Friday, March 14th.
Get Our Latest Stock Report on HBR
About Harbour Energy
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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.
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