Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Bengal Energy shares last traded at C$0.03, with a volume of 5,000 shares trading hands.
Bengal Energy Price Performance
The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$13.22 million, a price-to-earnings ratio of -2.50 and a beta of -2.93. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76.
About Bengal Energy
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production, and acquisitions. Bengal’s common shares trade on the TSX under the symbol ‘BNG’. Additional information is available at www.bengalenergy.
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