Brenmiller Energy (NASDAQ:BNRG) Trading Down 10.7% – What’s Next?

Brenmiller Energy Ltd (NASDAQ:BNRGGet Free Report) shares traded down 10.7% on Thursday . The company traded as low as $1.74 and last traded at $1.76. 369,779 shares were traded during trading, a decline of 79% from the average session volume of 1,756,358 shares. The stock had previously closed at $1.97.

Brenmiller Energy Stock Performance

The company has a current ratio of 2.97, a quick ratio of 2.74 and a debt-to-equity ratio of 0.71. The firm’s fifty day moving average is $1.13 and its two-hundred day moving average is $0.95.

Brenmiller Energy Company Profile

(Get Free Report)

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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