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

Bengal Energy Ltd. (TSE:BNGGet Free Report)’s share price hit a new 52-week low during mid-day 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 business’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The firm has a market cap of C$2.43 million, a P/E ratio of -0.17 and a beta of 2.19. The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03.

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.

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