Harbour Energy (OTCMKTS:HBRIY) Cut to “Hold” at The Goldman Sachs Group

Harbour Energy (OTCMKTS:HBRIY) was downgraded by equities research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Harbour Energy Price Performance

HBRIY opened at $3.13 on Wednesday. Harbour Energy has a 52-week low of $2.90 and a 52-week high of $4.24. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.81 and a quick ratio of 0.73. The business’s fifty day moving average is $3.17 and its 200-day moving average is $3.44.

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.