SDX Energy (LON:SDX) Sets New 12-Month Low – Here’s What Happened

SDX Energy plc (LON:SDX) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02), with a volume of 315003 shares trading hands. The stock had previously closed at GBX 1.90 ($0.02).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of SDX Energy in a research report on Thursday, July 25th.

SDX Energy Stock Down 5.3 %

The firm’s fifty day moving average price is GBX 2.07 and its 200-day moving average price is GBX 2.95. The company has a market capitalization of £3.68 million, a price-to-earnings ratio of -40.00 and a beta of 0.70. The company has a debt-to-equity ratio of 43.35, a current ratio of 1.20 and a quick ratio of 1.20.

About SDX Energy

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.