Beach Energy Ltd. (OTCMKTS:BCHEY – Get Free Report) saw strong trading volume on Tuesday . Approximately 232 shares were traded during mid-day trading, an increase of 7,633% from the previous session’s volume of 3 shares.The stock last traded at $11.35 and had previously closed at $11.40.
Beach Energy Stock Performance
The company’s fifty day moving average price is $16.88 and its two-hundred day moving average price is $16.67. The company has a current ratio of 1.16, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01.
About Beach Energy
Beach Energy (OTCMKTS:BCHEY) is an Australia-based independent oil and gas exploration and production company. It focuses on the upstream segment of the hydrocarbons industry, encompassing geological appraisal, field development and production of both conventional and unconventional oil and gas resources. The company markets natural gas to domestic east coast customers and supplies crude oil to local and international refineries.
Beach Energy’s operations span several key sedimentary basins across Australia, including the Cooper Basin in South Australia, the Otway and Bass Basins in Victoria, and onshore assets in the Perth Basin of Western Australia.
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