Beach Energy (OTCMKTS:BCHEY) Hits New 1-Year Low – Should You Sell?

Beach Energy Ltd. (OTCMKTS:BCHEYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $11.10 and last traded at $11.10, with a volume of 252 shares changing hands. The stock had previously closed at $17.78.

Beach Energy Stock Performance

The company has a quick ratio of 0.83, a current ratio of 1.16 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $17.00 and its two-hundred day moving average price is $16.70.

Beach Energy Company Profile

(Get Free Report)

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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