Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s stock price traded down 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. 246,465 shares traded hands during mid-day trading, an increase of 281% from the average session volume of 64,702 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The company’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 1.14. The stock has a market cap of C$4.85 million, a PE ratio of -0.33 and a beta of 2.19.
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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