Hurricane Energy Gains 4.8 Percent

Hurricane Energy Stock Up 4.8%
Hurricane Energy’s stock saw a significant increase of 4.8%, bringing its market capitalization to £155.02 million. Key financial metrics for the company include a PE ratio of 194.75, a PEG ratio of -0.79, and a beta of 0.85. The firm’s fifty-day and 200-day moving averages both stand at GBX 7.79. Hurricane Energy maintains a quick ratio of 1.65, a current ratio of 1.91, and a debt-to-equity ratio of 88.96.
Hurricane Energy plc, alongside its subsidiaries, is engaged in discovering, appraising, and developing hydrocarbon resources in fractured basement reservoirs on the UK Continental Shelf, specifically West of Shetland. The company’s key assets include the Lancaster, Lincoln, Halifax, and Warwick Crest licenses focused on the Rona Ridge.
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