Insider Selling: Harbour Energy plc (LON:HBR) Insider Sells 5,702 Shares of Stock

Harbour Energy plc (LON:HBRGet Free Report) insider Linda Cook sold 5,702 shares of the stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of GBX 313 ($3.98), for a total transaction of £17,847.26 ($22,683.35).

Linda Cook also recently made the following trade(s):

  • On Tuesday, May 7th, Linda Cook sold 170,746 shares of Harbour Energy stock. The stock was sold at an average price of GBX 282 ($3.58), for a total transaction of £481,503.72 ($611,977.28).
  • On Thursday, April 25th, Linda Cook acquired 86,050 shares of Harbour Energy stock. The stock was acquired at an average price of GBX 286 ($3.63) per share, for a total transaction of £246,103 ($312,789.78).

Harbour Energy Price Performance

HBR stock opened at GBX 309.20 ($3.93) on Friday. The firm has a market cap of £2.36 billion, a PE ratio of 10,306.67, a P/E/G ratio of 0.04 and a beta of -0.29. The company has a debt-to-equity ratio of 76.75, a quick ratio of 0.33 and a current ratio of 0.82. The firm’s fifty day moving average is GBX 289.16 and its 200 day moving average is GBX 272.46. Harbour Energy plc has a one year low of GBX 210.50 ($2.68) and a one year high of GBX 328.90 ($4.18).

Harbour Energy Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 22nd. Investors of record on Thursday, April 11th were given a dividend of $0.13 per share. This represents a yield of 3.73%. The ex-dividend date was Thursday, April 11th. This is a positive change from Harbour Energy’s previous dividend of $0.12. Harbour Energy’s dividend payout ratio (DPR) is currently 66,666.67%.

Analyst Ratings Changes

Several analysts recently commented on HBR shares. Berenberg Bank raised their price target on shares of Harbour Energy from GBX 250 ($3.18) to GBX 280 ($3.56) and gave the company a “hold” rating in a research report on Monday, February 19th. Jefferies Financial Group restated a “buy” rating and set a GBX 350 ($4.45) price target on shares of Harbour Energy in a research report on Thursday, April 18th.

Read Our Latest Research Report on Harbour Energy

About Harbour Energy

(Get Free Report)

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.

Further Reading

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