Bengal Energy Ltd. (TSE:BNG – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.04. Bengal Energy shares last traded at C$0.04, with a volume of 4,502 shares.
Bengal Energy Stock Performance
The stock has a market cap of C$19.41 million, a PE ratio of -4.00 and a beta of -1.82. The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 1.14.
About Bengal Energy
Bengal Energy Ltd is involved in the exploration, development and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. Its producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.
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