Beach Energy (OTCMKTS:BCHEY) Trading Up 0.8%

Shares of Beach Energy Limited (OTCMKTS:BCHEY) rose 0.8% on Tuesday . The stock traded as high as $15.95 and last traded at $15.95. Approximately 157 shares were traded during trading, a decline of 78% from the average daily volume of 707 shares. The stock had previously closed at $15.83.

Analyst Ratings Changes

Separately, UBS Group raised Beach Energy to a “strong-buy” rating in a research report on Sunday, June 23rd.

Beach Energy Stock Up 0.8 %

The company has a fifty day simple moving average of $19.25 and a 200 day simple moving average of $20.73.

Beach Energy Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, August 30th will be issued a $0.2138 dividend. The ex-dividend date of this dividend is Friday, August 30th.

Beach Energy Company Profile

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.