Beach Energy Ltd. (OTCMKTS:BCHEY – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $11.35, but opened at $13.60. Beach Energy shares last traded at $13.60, with a volume of 917 shares traded.
Beach Energy Trading Up 19.8%
The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.16. The company has a 50 day simple moving average of $16.25 and a two-hundred day simple moving average of $16.51.
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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