Beach Energy Limited (OTCMKTS:BCHEY - Get Free Report)'s stock price reached a new 52-week low on Monday . The stock traded as low as $15.40 and last traded at $15.40, with a volume of 304 shares changing hands. The stock had previously closed at $16.65.
Wall Street Analyst Weigh In
Separately, Citigroup downgraded shares of Beach Energy from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, January 15th.
View Our Latest Report on BCHEY
Beach Energy Stock Performance
The stock's fifty day moving average price is $16.15 and its 200-day moving average price is $16.02. The company has a quick ratio of 0.61, a current ratio of 0.84 and a debt-to-equity ratio of 0.01.
Beach Energy Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, February 28th will be paid a $0.3769 dividend. This is a positive change from Beach Energy's previous dividend of $0.21. The ex-dividend date of this dividend is Friday, February 28th.
Beach Energy Company Profile
(
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Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.
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