Beach Energy (OTCMKTS:BEPTF) Trading Down 5.4% – Here’s Why

Beach Energy Limited (OTCMKTS:BEPTFGet Free Report) shares dropped 5.4% during trading on Friday . The company traded as low as $0.82 and last traded at $0.82. Approximately 4,500 shares traded hands during trading, an increase of 64% from the average daily volume of 2,739 shares. The stock had previously closed at $0.86.

Beach Energy Stock Down 5.4 %

The company has a 50-day moving average price of $0.83 and a two-hundred day moving average price of $0.88.

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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