SDX Energy (LON:SDX) Sets New 12-Month Low – Here’s Why

SDX Energy plc (LON:SDX)’s share price reached a new 52-week low on Wednesday . The stock 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 Trading Down 5.6 %

The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 43.35. The stock has a 50-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 capitalization of £820,285.60, a P/E ratio of -8.02 and a beta of 0.70.

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.