Beach Energy Limited (OTCMKTS:BCHEY - Get Free Report)'s share price fell 7.5% during mid-day trading on Monday . The stock traded as low as $15.40 and last traded at $15.40. 304 shares were traded during mid-day trading, a decline of 57% from the average session volume of 700 shares. The stock had previously closed at $16.65.
Wall Street Analysts Forecast Growth
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 Stock Report on Beach Energy
Beach Energy Stock Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.61 and a current ratio of 0.84. The business has a 50-day moving average of $16.15 and a two-hundred day moving average of $16.02.
Beach Energy Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, April 15th. Investors 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 is Friday, February 28th.
About Beach Energy
(
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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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