Beach Energy (OTCMKTS:BCHEY) Trading Up 0.8%

Beach Energy Limited (OTCMKTS:BCHEY)’s stock price rose 0.8% during trading on Tuesday . The stock traded as high as $15.95 and last traded at $15.95. Approximately 157 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 707 shares. The stock had previously closed at $15.83.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Beach Energy to a “strong-buy” rating in a report on Sunday, June 23rd.

Beach Energy Trading Up 0.8 %

The company has a fifty day moving average of $19.25 and a two-hundred day moving average of $20.73.

Beach Energy Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, August 30th will be given a dividend of $0.2138 per share. The ex-dividend date is Friday, August 30th.

Beach Energy Company Profile

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.