Brooge Energy Limited (NASDAQ: BROG)’s stock price has soared by 23.86 in relation to previous closing price of 1.76. Nevertheless, the company has seen a gain of 61.48% in its stock price over the last five trading days. benzinga.com reported 2024-09-20 that As of Sept. 20, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Is It Worth Investing in Brooge Energy Limited (NASDAQ: BROG) Right Now?
Brooge Energy Limited (NASDAQ: BROG) has a higher price-to-earnings ratio of 44.04x compared to its average ratio. BROG has 36-month beta value of -0.14. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BROG is 14.45M, and currently, short sellers hold a 0.14% ratio of that float. The average trading volume of BROG on May 23, 2025 was 14.24K shares.
BROG’s Market Performance
BROG stock saw an increase of 61.48% in the past week, with a monthly gain of 69.65% and a quarterly increase of 67.69%. The volatility ratio for the week is 12.84%, and the volatility levels for the last 30 days are 6.88% for Brooge Energy Limited (BROG). The simple moving average for the past 20 days is 57.26% for BROG’s stock, with a 64.54% simple moving average for the past 200 days.
Analysts’ Opinion of BROG
Many brokerage firms have already submitted their reports for BROG stocks, with RBC Capital Mkts repeating the rating for BROG by listing it as a “Outperform.” The predicted price for BROG in the upcoming period, according to RBC Capital Mkts is $13 based on the research report published on August 11, 2020 of the previous year 2020.
BROG Trading at 68.92% from the 50-Day Moving Average
After a stumble in the market that brought BROG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.87% of gains for the given period.
Volatility was left at 6.88%, however, over the last 30 days, the volatility rate increased by 12.84%, as shares surge +77.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +75.81% upper at present.
During the last 5 trading sessions, BROG rose by +61.48%, which changed the moving average for the period of 200-days by +142.20% in comparison to the 20-day moving average, which settled at $1.3900. In addition, Brooge Energy Limited saw 38.85% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BROG
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.63 for the gross margin
The net margin for Brooge Energy Limited stands at -0.9. The total capital return value is set at 0.09. Equity return is now at value 7.53, with 0.91 for asset returns.
Based on Brooge Energy Limited (BROG), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12.
Currently, EBITDA for the company is 42.19 million with net debt to EBITDA at 11.26. When we switch over and look at the enterprise to sales, we see a ratio of 8.56. The receivables turnover for the company is 4934.41for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.08.
Conclusion
To put it simply, Brooge Energy Limited (BROG) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
