Harbour Energy (OTCMKTS:HBRIY) Cut to Strong Sell at The Goldman Sachs Group

The Goldman Sachs Group lowered shares of Harbour Energy (OTCMKTS:HBRIYFree Report) from a hold rating to a strong sell rating in a research note released on Wednesday,Zacks.com reports.

Harbour Energy Stock Up 1.3%

Shares of OTCMKTS HBRIY opened at $3.07 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.93 and a current ratio of 1.00. Harbour Energy has a one year low of $2.08 and a one year high of $3.83. The business has a 50-day moving average price of $2.87 and a two-hundred day moving average price of $2.96.

Harbour Energy Company Profile

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Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.

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