Bengal Energy Ltd. (TSE:BNG – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 1,028 shares traded.
Bengal Energy Stock Performance
The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of C$12.13 million, a price-to-earnings ratio of -2.50 and a beta of -2.20.
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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