Hurricane Energy PLC (HUR) Insider John van der Welle Acquires 4,159 Shares
Hurricane Energy PLC (LON:HUR) insider John van der Welle acquired 4,159 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The shares were purchased at an average price of GBX 34 ($0.42) per share, with a total value of £1,414.06 ($1,751.59).
Hurricane Energy PLC (LON:HUR) opened at 37.00 on Friday. The company’s 50-day moving average price is GBX 38.80 and its 200 day moving average price is GBX 25.29. The firm’s market capitalization is GBX 445.06 billion. Hurricane Energy PLC has a 12 month low of GBX 8.85 and a 12 month high of GBX 44.48.
A number of research firms recently issued reports on HUR. FinnCap reiterated a “buy” rating and set a GBX 72 ($0.89) price objective on shares of Hurricane Energy PLC in a report on Monday, October 24th. Macquarie increased their price target on Hurricane Energy PLC from GBX 61 ($0.76) to GBX 68 ($0.84) and gave the company an “outperform” rating in a research report on Thursday.
Hurricane Energy PLC Company Profile
Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company’s acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe).
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