Synergia Energy (LON:SYN) Reaches New 52-Week Low – Here’s What Happened

Synergia Energy Ltd (LON:SYNGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 419072094 shares changing hands. The stock had previously closed at GBX 0.07 ($0.00).

Synergia Energy Price Performance

The company has a market capitalization of £5.64 million, a price-to-earnings ratio of 6.80 and a beta of 1.28. The business has a 50-day moving average price of GBX 0.09 and a two-hundred day moving average price of GBX 0.11. The company has a quick ratio of 2.13, a current ratio of 0.87 and a debt-to-equity ratio of 9.61.

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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