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%.

In other news, insider Colin Beckett sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of A$2.39 ($1.70), for a total transaction of A$83,650.00 ($59,326.24). Also, insider Richard Richards sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of A$2.40 ($1.70), for a total transaction of A$60,000.00 ($42,553.19). Insiders have sold a total of 86,390 shares of company stock valued at $202,847 in the last 90 days.

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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