In the last trading session, 0.36 million shares of the Brooge Energy Limited (NASDAQ:BROG) were traded, and its beta was -0.03. Most recently the company’s share price was $3.19, and it changed around $0.72 or 29.15% from the last close, which brings the market valuation of the company to $285.78M. BROG currently trades at a discount to its 52-week high of $2.57, offering almost 19.44% off that amount. The share price’s 52-week low was $0.80, which indicates that the current value has risen by an impressive 74.92% since then. We note from Brooge Energy Limited’s average daily trading volume that its 10-day average is 0.41 million shares, with the 3-month average coming to 20.03K.
Brooge Energy Limited stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BROG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Brooge Energy Limited (NASDAQ:BROG) trade information
Instantly BROG has showed a green trend with a performance of 29.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.48 on recent trading dayincreased the stock’s daily price by 8.33%. The company’s shares are currently up 103.18% year-to-date, but still up 87.65% over the last five days. On the other hand, Brooge Energy Limited (NASDAQ:BROG) is 155.20% up in the 30-day period. We can see from the shorts that 20730.0 shares have been sold at a short interest cover period of 2.81 day(s).
BROG Dividends
Brooge Energy Limited’s next quarterly earnings report is expected to be released in June.
Brooge Energy Limited (NASDAQ:BROG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 82.42% of Brooge Energy Limited shares, and 7.42% of them are in the hands of institutional investors. The stock currently has a share float of 42.18%. Brooge Energy Limited stock is held by 9.0 institutions, with MAGNETAR FINANCIAL LLC being the largest institutional investor. By 2024-06-30, it held 6.3962% of the shares, which is about 5.63 million shares worth $5.26 million.
MILLENNIUM MANAGEMENT LLC, with 0.9298% or 0.82 million shares worth $0.77 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
The former held 37.92 shares worth $0.12 million, making up 0.04% of all outstanding shares.
