Brenmiller Energy Ltd (BNRG) At $0.55 Offering A Unique Opportunity

Brenmiller Energy Ltd (NASDAQ:BNRG) currently has a daily average trading volume of 243.61K but it saw 3116257 shares traded in last market. With a market cap of 4.48M USD, the company’s current market price of $0.55 came falling about -7.26 while comparing to the previous closing price of $0.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.27 and as low as $0.54.

Taking a look at 20-day trading activity of Brenmiller Energy Ltd (BNRG) gives us an average price of $1.1058, while its current price level is -83.09% below from 52-week high level whereas it is 2.01% 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 $1.2202 while that of 200 days or SMA-200 reads an average of $1.0863. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.78% during that period while stretching the period over a month that decreases to 11.27%. 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 22.11 which implies that the stock is in oversold territory.

Over the week, BNRG’s stock price is moving -46.06% down while it is -60.51% when we observe its performance for the past one month. Year-to-date it is -57.47% down and over the past year, the stock is showing a downside performance of -74.64%.

Currently, Brenmiller Energy Ltd’s total number of outstanding shares is 17.73M with 33.93% of that held by the insiders while 1.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -76.88%. Stock’s beta reads -1.17. Stock has a price to book (P/B) ratio of 1.00.