Hurricane Energy (LON:HUR) Stock Price Down 2%

Hurricane Energy plc (LON:HUR) shares traded down 2% during trading on Tuesday . The company traded as low as GBX 2.94 ($0.04) and last traded at GBX 3.02 ($0.04). 5,399,666 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 32,530,088 shares. The stock had previously closed at GBX 3.08 ($0.04).

The business’s 50-day moving average price is GBX 2.70 and its 200 day moving average price is GBX 2.38. The company has a market cap of £60.13 million and a P/E ratio of -0.13. The company has a debt-to-equity ratio of 469.90, a quick ratio of 3.11 and a current ratio of 3.37.

Hurricane Energy Company Profile (LON:HUR)

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs. The company has a portfolio of contiguous offshore licenses on the United Kingdom Continental Shelf, West of Shetland. Its producing oil fields include Clair, Foinaven, and Schiehallion; licenses focuses on the Rona Ridge, a major NE-SW trending basement; and assets comprise Lancaster, Whirlwind, Lincoln, Halifax, and Warwick.

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