Bengal Energy (TSE:BNG) Hits New 12-Month Low – Should You Sell?

Bengal Energy Ltd. (TSE:BNGGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 5630 shares traded. The stock had previously closed at C$0.01.

Bengal Energy Stock Performance

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

About Bengal Energy

(Get Free Report)

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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