SDX Energy (LON:SDX) Rating Reiterated by Shore Capital

Shore Capital reaffirmed their house stock rating on shares of SDX Energy (LON:SDXFree Report) in a research report released on Thursday, Marketbeat reports.

SDX Energy Stock Performance

LON SDX opened at GBX 3 ($0.04) on Thursday. SDX Energy has a 52-week low of GBX 3 ($0.04) and a 52-week high of GBX 5.80 ($0.08). The company has a 50-day simple moving average of GBX 3.54 and a 200 day simple moving average of GBX 3.76. The company has a debt-to-equity ratio of 15.38, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of £6.14 million, a PE ratio of -22.14 and a beta of 0.82.

SDX Energy Company Profile

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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.

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