Synergia Energy (LON:SYN) Shares Down 4.5%

Synergia Energy Ltd (LON:SYNGet Free Report) shares dropped 4.5% during trading on Tuesday . The company traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 35,501,956 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 108,303,484 shares. The stock had previously closed at GBX 0.12 ($0.00).

Synergia Energy Price Performance

The company has a debt-to-equity ratio of 9.61, a current ratio of 0.87 and a quick ratio of 2.13. The business has a fifty day moving average of GBX 0.11 and a 200 day moving average of GBX 0.10. The stock has a market cap of £12.50 million, a PE ratio of 11.75 and a beta of 1.46.

Synergia Energy Company Profile

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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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