SDX Energy (LON:SDX) Hits New 1-Year Low – Here’s Why

SDX Energy plc (LON:SDX) shares reached a new 52-week low during trading on Friday . The company traded as low as GBX 1.87 ($0.02) and last traded at GBX 1.80 ($0.02), with a volume of 50142 shares changing hands. The stock had previously closed at GBX 1.90 ($0.02).

Wall Street Analyst Weigh In

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

SDX Energy Price Performance

The firm has a market capitalization of £3.68 million, a PE ratio of -38.00 and a beta of 0.70. The company has a debt-to-equity ratio of 43.35, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a 50-day simple moving average of GBX 2.20 and a 200-day simple moving average of GBX 3.07.

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.