Brenmiller Energy (NASDAQ:BNRG) Cut to Strong Sell at Wall Street Zen

Wall Street Zen cut shares of Brenmiller Energy (NASDAQ:BNRG) to a strong sell rating in a research note released on Friday.

Brenmiller Energy Stock Performance

Brenmiller Energy stock opened at $2.61 on Friday. The business’s 50-day simple moving average is $3.67 and its 200 day simple moving average is $5.80. Brenmiller Energy has a 12-month low of $1.78 and a 12-month high of $15.30. The company has a current ratio of 2.25, a quick ratio of 1.69 and a debt-to-equity ratio of 0.96.

Brenmiller Energy Company Profile

Brenmiller Energy Ltd. develops, produces, markets, and sells thermal energy storage (TES) systems based on its proprietary technology that enables renewable integration, increases energy efficiency, and reduces carbon emissions. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines.