SDX Energy (LON:SDX) Trading 4.8% Higher – Here’s Why

SDX Energy plc (LON:SDX)’s stock price shot up 4.8% during trading on Tuesday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). 1,391,300 shares were traded during trading, an increase of 238% from the average session volume of 411,545 shares. The stock had previously closed at GBX 0.53 ($0.01).

SDX Energy Stock Performance

The company has a market capitalization of £1.13 million, a price-to-earnings ratio of -10.80 and a beta of 0.70. The stock’s 50 day moving average price is GBX 1.74 and its 200 day moving average price is GBX 2.49. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 43.35.

SDX Energy Company Profile

SDX Energy plc engages in the exploration, development, and production of oil and gas in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds 50% working interest in Meseda and Rabul fields in the West Gharib, Egypt; 55% interest in the South Disouq concession located in the Nile Delta region, Egypt; and 75% working interest in four exploration permits consisting of Sebou Central, Gharb Occidental, Lalla Mimouna Nord, and Moulay Bouchta Ouest concessions situated in the Gharb Basin, Morocco.