Synergia Energy (LON:SYN) Hits New 1-Year Low – What’s Next?

Synergia Energy Ltd (LON:SYNGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00), with a volume of 24493461 shares trading hands. The stock had previously closed at GBX 0.07 ($0.00).

Synergia Energy Trading Up 1.4 %

The stock has a market cap of £7.77 million, a price-to-earnings ratio of 7.20 and a beta of 1.28. The business has a 50-day simple moving average of GBX 0.09 and a two-hundred day simple moving average of GBX 0.11. The company has a debt-to-equity ratio of 9.61, a quick ratio of 2.13 and a current ratio of 0.87.

About Synergia Energy

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Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas. It holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was formerly known as Oilex Ltd and changed its name to Synergia Energy Ltd in July 2022.

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