Brooge Energy Limited (NASDAQ:BROG - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $2.17, but opened at $2.70. Brooge Energy shares last traded at $5.71, with a volume of 3,862,327 shares traded.
Brooge Energy Trading Down 12.9 %
The company's 50-day simple moving average is $2.45 and its 200-day simple moving average is $3.73.
Institutional Trading of Brooge Energy
An institutional investor recently raised its position in Brooge Energy stock. Bluefin Capital Management LLC grew its stake in Brooge Energy Limited (NASDAQ:BROG - Free Report) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,182 shares of the company's stock after purchasing an additional 3,366 shares during the quarter. Bluefin Capital Management LLC owned approximately 0.06% of Brooge Energy worth $225,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 7.51% of the company's stock.
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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