Harbour Energy plc (LON:HBR - Get Free Report) insider Louise Hough acquired 12,116 shares of Harbour Energy stock in a transaction that occurred on Tuesday, April 8th. The shares were bought 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 Down 6.9 %
Shares of LON HBR opened at GBX 157.90 ($2.02) on Thursday. The business has a 50-day moving average of GBX 209.91 and a two-hundred day moving average of GBX 244.30. 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 company has a market capitalization of £2.83 billion, a price-to-earnings ratio of 49.65, a price-to-earnings-growth ratio of 0.04 and a beta of -0.23. 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 business also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 5.21%. This is a boost from Harbour Energy's previous dividend of $0.13. Harbour Energy's dividend payout ratio (DPR) is presently 628.84%.
Analyst Ratings Changes
HBR has been the subject of several analyst reports. Canaccord Genuity Group dropped their price target on shares of 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. Shore Capital reissued a "not rated" rating on shares of Harbour Energy in a research report on Thursday, January 23rd.
Read Our Latest Stock Report on Harbour Energy
Harbour Energy Company Profile
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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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