Beach Energy (ASX:BPT) Shares Pass Below Two Hundred Day Moving Average of $2.07
Beach Energy Ltd (ASX:BPT) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.07 and traded as low as $2.40. Beach Energy shares last traded at $2.40, with a volume of 4,947,321 shares.
The stock’s fifty day moving average price is A$2.26 and its 200-day moving average price is A$2.07. The firm has a market cap of $5.47 billion and a price-to-earnings ratio of 9.49. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of 24.63.
The company also recently declared a Final dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 30th were issued a dividend of $0.01 per share. The ex-dividend date was Thursday, August 29th. This represents a dividend yield of 0.46%. Beach Energy’s dividend payout ratio is currently 7.91%.
About Beach Energy (ASX:BPT)
Beach Energy Limited operates as an oil and gas exploration and production company. The company has operated and non-operated, onshore and offshore, oil and gas production from five producing basins across Australia and New Zealand. It has interests in approximately 450 exploration and production tenements.
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