Buru Energy (ASX:BRU) Share Price Passes Below 200-Day Moving Average of $0.00

Buru Energy Limited (ASX:BRU)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $0.26. Buru Energy shares last traded at $0.27, with a volume of 636,385 shares.

The firm has a market capitalization of $116.66 million and a price-to-earnings ratio of 3.91. The company has a 50 day simple moving average of A$0.28. The company has a debt-to-equity ratio of 5.30, a current ratio of 8.00 and a quick ratio of 7.71.

About Buru Energy (ASX:BRU)

Buru Energy Limited engages in the exploration, development, and production of oil and gas resources in Western Australia. The company operates through Oil, Gas, and Exploration segments. It holds interests in a portfolio of petroleum exploration permits covering an area of approximately 22,109 square kilometers located in Canning Superbasin in the southwest Kimberley region of Western Australia.

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