Shares of Brooge Energy Limited (NASDAQ:BROG – Get Free Report) rose 1.9% on Friday . The company traded as high as $1.51 and last traded at $1.38. Approximately 12,109 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 215,280 shares. The stock had previously closed at $1.35.
Brooge Energy Price Performance
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
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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