Bengal Energy (TSE:BNG) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of Bengal Energy Ltd. (TSE:BNGGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.01 and traded as low as C$0.01. Bengal Energy shares last traded at C$0.01, with a volume of 11,000 shares traded.

Bengal Energy Price Performance

The company has a market cap of C$4.85 million, a price-to-earnings ratio of -1.00 and a beta of 0.05. 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 company’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01.

Bengal Energy Company Profile

(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.

Featured Articles

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.