Brooge Energy Limited (NASDAQ:BROG - Get Free Report) shares dropped 8.5% during trading on Friday . The stock traded as low as $1.60 and last traded at $1.67. Approximately 622,342 shares changed hands during mid-day trading, an increase of 336% from the average daily volume of 142,810 shares. The stock had previously closed at $1.82.
Brooge Energy Stock Performance
The business has a 50 day moving average of $1.46 and a two-hundred day moving average of $1.34.
Brooge Energy Company Profile
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Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in the United Arab Emirates. It operates phase I and phase II facilities comprising 22 tanks with a capacity of approximately 1,001,388 cubic meters for offering storage, heating, and blending of fuel oil and clean petroleum products, including aviation fuel, gas oil, gasoline, marine gas oil, and naphtha.
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