SDX Energy (LON:SDX) Sets New 1-Year Low – Time to Sell?

SDX Energy plc (LON:SDXGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01), with a volume of 2539788 shares trading hands. The stock had previously closed at GBX 0.43 ($0.01).

SDX Energy Price Performance

The company has a debt-to-equity ratio of 43.35, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a fifty day simple moving average of GBX 1.56 and a two-hundred day simple moving average of GBX 2.35. The firm has a market cap of £820,285.60, a PE ratio of -8.02 and a beta of 0.70.

SDX Energy Company Profile

(Get Free Report)

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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