Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) fell 33.3% during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01. 207,299 shares changed hands during trading, an increase of 338% from the average session volume of 47,290 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The company has a quick ratio of 1.76, a current ratio of 1.14 and a debt-to-equity ratio of 0.03. The stock’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The company has a market capitalization of C$7.28 million, a PE ratio of -0.50 and a beta of 2.19.
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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