SDX Energy (LON:SDX) Trading Up 4.8% – What’s Next?

SDX Energy plc (LON:SDXGet Free Report)’s share price shot up 4.8% on Tuesday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). 1,391,300 shares were traded during mid-day trading, an increase of 238% from the average session volume of 411,545 shares. The stock had previously closed at GBX 0.53 ($0.01).

SDX Energy Stock Down 15.0 %

The business has a 50 day simple moving average of GBX 1.68 and a 200 day simple moving average of GBX 2.45. The company has a market capitalization of £869,380.00, a price-to-earnings ratio of -8.50 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.

About SDX Energy

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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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