Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-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.
Bengal Energy Stock Down 20.0%
The firm has a market cap of C$9.71 million, a price-to-earnings ratio of -2.00 and a beta of -2.20. The stock has a 50-day moving average of C$0.03 and a 200-day moving average of 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.
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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