Bengal Energy (TSE:BNG) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Bengal Energy Ltd. (TSE:BNGGet 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

(Get Free Report)

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.

See Also

Receive News & Ratings for Bengal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bengal Energy and related companies with MarketBeat.com's FREE daily email newsletter.