Brenmiller Energy Ltd (NASDAQ:BNRG – Get Free Report) shares dropped 10.7% on Thursday . The stock traded as low as $1.74 and last traded at $1.76. Approximately 369,779 shares were traded during trading, a decline of 79% from the average daily volume of 1,756,358 shares. The stock had previously closed at $1.97.
Brenmiller Energy Stock Performance
The stock has a fifty day moving average of $1.09 and a 200-day moving average of $0.94. The company has a current ratio of 2.97, a quick ratio of 2.74 and a debt-to-equity ratio of 0.71.
Brenmiller Energy Company Profile
Brenmiller Energy Ltd. develops, produces, markets, and sells thermal energy storage (TES) systems based on its proprietary technology that enables renewable integration, increases energy efficiency, and reduces carbon emissions. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines.
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