Brooge Energy (NASDAQ:BROG) Trading 1.9% Higher – Still a Buy?

Shares of Brooge Energy Limited (NASDAQ:BROGGet Free Report) traded up 1.9% on Friday . The company traded as high as $1.51 and last traded at $1.38. 12,109 shares were traded during mid-day trading, a decline of 94% from the average session volume of 215,280 shares. The stock had previously closed at $1.35.

Brooge Energy Stock Up 1.9 %

The company has a 50 day moving average price of $1.55 and a 200-day moving average price of $1.25.

About Brooge Energy

(Get Free Report)

Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in the United Arab Emirates. It operates phase I and phase II facilities comprising 22 tanks with a capacity of approximately 1,001,388 cubic meters for offering storage, heating, and blending of fuel oil and clean petroleum products, including aviation fuel, gas oil, gasoline, marine gas oil, and naphtha.

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