Bengal Energy Ltd. (TSE:BNG – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.03 and traded as high as C$0.04. Bengal Energy shares last traded at C$0.04, with a volume of 7,857 shares changing hands.
Bengal Energy Stock Performance
The company has a current ratio of 0.98, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. The firm has a market cap of C$16.99 million, a price-to-earnings ratio of -90.00 and a beta of 2.57. The stock has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.03.
About Bengal Energy
Bengal Energy Ltd. engages in the exploration, development, and production of oil and gas reserves in Australia. It holds interests in the PL 303 Cuisinier, ATP 934 Barrolka, ATP 732 Tookoonooka, and four petroleum licenses situated within an area of the Cooper Basin. The company was formerly known as Avery Resources Inc and changed its name to Bengal Energy Ltd.
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