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