Bengal Energy (TSE:BNG) Sets New 1-Year Low – Here’s What Happened

Bengal Energy Ltd. (TSE:BNGGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 5630 shares. The stock had previously closed at C$0.01.

Bengal Energy Trading Up 100.0 %

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The firm’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.01. The company has a market capitalization of C$4.85 million, a PE ratio of -0.33 and a beta of 2.19.

About Bengal Energy

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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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