Shares of Beach Energy Ltd. (OTCMKTS:BCHEY – Get Free Report) traded down 4.1% on Friday. The company traded as low as $12.3450 and last traded at $12.3450. Approximately 150 shares changed hands during mid-day trading, an increase of 7,592% from the average daily volume of 2 shares. The stock had previously closed at $12.8720.
Beach Energy Stock Performance
The company has a current ratio of 1.36, a quick ratio of 1.06 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $12.61 and a 200-day moving average of $15.23.
About Beach Energy
Beach Energy Limited is an Australian oil and gas exploration and production company. The company explores for, develops and produces crude oil, natural gas and associated hydrocarbon products, supplying energy to Australian customers and markets.
Beach Energy’s operations are focused primarily on onshore and offshore assets in Australia, including the Cooper Basin in South Australia and Queensland and gas-producing assets in the Otway Basin offshore Victoria. Its activities include exploration, field development, drilling, production and the operation of related processing and infrastructure facilities.
Established in 1961, Beach Energy has developed a long operating history in Australia’s petroleum industry.
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