BrenX Ltd. (NASDAQ:BRNX – Get Free Report) shares shot up 8.3% on Thursday. The company traded as high as $0.4894 and last traded at $0.4660. 110,423 shares traded hands during trading, an increase of 14% from the average session volume of 96,450 shares. The stock had previously closed at $0.4301.
Key BrenX News
Here are the key news stories impacting BrenX this week:
- Neutral Sentiment: Shareholders approved the sole agenda item at BrenX’s November 6 special general meeting after a delay related to reaching a quorum. The available report does not identify the agenda item, so its potential financial or governance implications are unclear. BrenX Shareholders Approve Sole Agenda Item After Quorum Delay
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of BrenX in a research note on Thursday, October 15th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Read Our Latest Report on BrenX
BrenX Price Performance
The company has a current ratio of 1.58, a quick ratio of 1.18 and a debt-to-equity ratio of 0.77. The business’s 50-day simple moving average is $2.25 and its two-hundred day simple moving average is $17.15.
BrenX (NASDAQ:BRNX – Get Free Report) last announced its quarterly earnings data on Wednesday, September 9th. The company reported ($62.95) EPS for the quarter.
BrenX Company Profile
We are a technology company that develops, produces, markets and sells TES systems based on our proprietary and patented bGen™ technology. The use of our technology enables better renewable integration, increases energy efficiency and reduces carbon emissions by allowing constant and reliable energy while stabilizing the intermittent nature of renewable sources. We believe that climate change is the greatest challenge of our times. A major contributor to climate change is carbon emissions being emitted to the atmosphere.
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