SDX Energy (LON:SDX) Sets New 52-Week Low – Here’s Why

SDX Energy plc (LON:SDX)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 1.76 ($0.02) and last traded at GBX 1.90 ($0.02), with a volume of 61539 shares traded. The stock had previously closed at GBX 1.90 ($0.02).

Analyst Ratings Changes

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

SDX Energy Stock Up 2.6 %

The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 43.35. The company has a market capitalization of £3.99 million, a price-to-earnings ratio of -39.00 and a beta of 0.70. The business’s 50-day moving average is GBX 1.98 and its 200-day moving average is GBX 2.84.

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.