Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s stock price passed 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 Trading Up 16.7 %
The business’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 0.98. The stock has a market capitalization of C$16.99 million, a PE ratio of -90.00 and a beta of 2.57.
Bengal Energy Company Profile
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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