Brooge Energy (NASDAQ:BROG) Trading 1.9% Higher – Time to Buy?

by · The Cerbat Gem

Brooge Energy Limited (NASDAQ:BROGGet Free Report) traded up 1.9% on Friday . The stock traded as high as $1.51 and last traded at $1.38. 12,109 shares traded hands during trading, a decline of 94% from the average session volume of 215,280 shares. The stock had previously closed at $1.35.

Brooge Energy Trading Up 1.9 %

The company has a fifty day moving average of $1.55 and a two-hundred day moving average of $1.25.

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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