Bengal Energy (TSE:BNG) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Bengal Energy Ltd. (TSE:BNGGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.01 and traded as low as C$0.01. Bengal Energy shares last traded at C$0.01, with a volume of 2,000 shares trading hands.

Bengal Energy Price Performance

The firm has a market capitalization of C$7.28 million, a P/E ratio of -0.50 and a beta of 2.19. The firm has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03.

Bengal Energy Company Profile

(Get Free Report)

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.

Further Reading

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