Hurricane Energy (LON:HUR) Share Price Passes Below 200-Day Moving Average of $7.60

Shares of Hurricane Energy plc (LON:HUR – Get Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7.60 ($0.09) and traded as low as GBX 7.57 ($0.09). Hurricane Energy shares last traded at GBX 7.75 ($0.10), with a volume of 7,962,118 shares traded.

Hurricane Energy Price Performance

The stock has a market capitalization of £157.21 million, a price-to-earnings ratio of 391.00, a PEG ratio of -0.79 and a beta of 0.85. The company has a current ratio of 1.91, a quick ratio of 1.65 and a debt-to-equity ratio of 88.96. The stock has a 50-day moving average price of GBX 7.41 and a 200 day moving average price of GBX 7.60.

Hurricane Energy Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, June 8th will be given a GBX 5.19 ($0.06) dividend. This represents a dividend yield of 66.88%. The ex-dividend date of this dividend is Thursday, June 8th.

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 producing oil fields located in Clair, Foinaven, and Schiehallion; licences focused on the Rona Ridge, a major NE-SW trending basement; and assets comprise Lancaster, Lincoln, Halifax, and Warwick.