Bengal Energy (TSE:BNG) Sets New 52-Week Low – What’s Next?

Shares of Bengal Energy Ltd. (TSE:BNGGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 67003 shares traded. The stock had previously closed at C$0.01.

Bengal Energy Price Performance

The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. The company’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The company has a market cap of C$2.43 million, a price-to-earnings ratio of -0.17 and a beta of 2.19.

About Bengal Energy

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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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