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

Shares of Brenmiller Energy Ltd (NASDAQ:BNRGGet Free Report) were down 10.7% during trading on Thursday . The stock traded as low as $1.74 and last traded at $1.76. Approximately 369,779 shares were traded during mid-day 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 Trading Down 10.7 %

The company has a quick ratio of 2.74, a current ratio of 2.97 and a debt-to-equity ratio of 0.71. The company’s fifty day moving average price is $1.09 and its two-hundred day moving average price is $0.94.

About Brenmiller Energy

(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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