Bengal Energy (TSE:BNG) Hits New 52-Week High – Time to Buy?

Bengal Energy Ltd. (TSE:BNGGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 347020 shares traded. The stock had previously closed at C$0.02.

Bengal Energy Stock Up 25.0%

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The stock has a market capitalization of C$12.13 million, a P/E ratio of -2.50 and a beta of -0.41. The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.01.

Bengal Energy Company Profile

(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.

Further Reading

Receive News & Ratings for Bengal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bengal Energy and related companies with MarketBeat.com's FREE daily email newsletter.