Hurricane Energy (LON:HUR) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Shares of Hurricane Energy plc (LON:HURGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 7.79 ($0.10) and traded as low as GBX 7.37 ($0.10). Hurricane Energy shares last traded at GBX 7.79 ($0.10), with a volume of 15,350,438 shares trading hands.

Hurricane Energy Stock Performance

The company has a fifty day moving average price of GBX 7.79 and a two-hundred day moving average price of GBX 7.79. The company has a debt-to-equity ratio of 88.96, a current ratio of 1.91 and a quick ratio of 1.65. The company has a market capitalization of £155.02 million, a P/E ratio of 194.75, a PEG ratio of -0.79 and a beta of 0.85.

About Hurricane Energy

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Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops hydrocarbon resources from fractured basement reservoirs on the United Kingdom Continental Shelf, West of Shetland. Its licenses focused on the Rona Ridge; and assets comprise Lancaster, Lincoln, Halifax, and Warwick Crest.

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