Brenmiller Energy (NASDAQ:BNRG) Trading 23.2% Higher – What’s Next?

Brenmiller Energy Ltd (NASDAQ:BNRGGet Free Report) rose 23.2% on Monday . The company traded as high as $0.96 and last traded at $0.93. Approximately 9,147,320 shares changed hands during trading, an increase of 423% from the average daily volume of 1,749,049 shares. The stock had previously closed at $0.75.

Brenmiller Energy Trading Up 13.1 %

The company has a debt-to-equity ratio of 0.71, a current ratio of 2.97 and a quick ratio of 2.74. The business has a 50-day moving average price of $0.79 and a 200 day moving average price of $0.85.

About Brenmiller Energy

(Get Free Report)

Brenmiller Energy Ltd. develops, produces, markets, and sells thermal energy storage (TES) systems based on its proprietary technology that enables renewable integration, increases energy efficiency, and reduces carbon emissions. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines.

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