The Week Ahead: Are Investors Really Too Optimistic About Brenmiller Energy Ltd (NASDAQ: BNRG)

Brenmiller Energy Ltd (NASDAQ:BNRG) currently has a daily average trading volume of 4.49M but it saw 25946919 shares traded in last market. With a market cap of 7.51M USD, the company’s current market price of $1.26 came rising about 2.44 while comparing to the previous closing price of $1.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.20 and as low as $0.60. In the recent trading on the day, stock has struck highest price mark of $1.15 while lowest mark touched by it was $1.87.

Taking a look at 20-day trading activity of Brenmiller Energy Ltd (BNRG) gives us an average price of $0.7602, while its current price level is -84.63% below from 52-week high level whereas it is 109.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8181 while that of 200 days or SMA-200 reads an average of $2.8785. A closer look into the stock’s movement over the week reveals that its volatility is standing at 44.15% during that period while stretching the period over a month that decreases to 15.85%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 66.52 which implies that the stock is in neutral territory.

Over the week, BNRG’s stock price is moving 91.90% up while it is 90.76% when we observe its performance for the past one month. Year-to-date it is -78.46% down and over the past year, the stock is showing a downside performance of -83.55%.

Currently, Brenmiller Energy Ltd’s total number of outstanding shares is 5.96M. Company’s return on equity (ROE) at -236.40%. Stock’s beta reads -0.59. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 12.51. Its return on asset (ROA) is -73.60% on average.