Synex Renewable Energy (TSE:SXI) Stock Passes Above Fifty Day Moving Average of $1.77

Synex Renewable Energy Co. (TSE:SXIGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.77 and traded as high as C$1.85. Synex Renewable Energy shares last traded at C$1.85, with a volume of 200 shares trading hands.

Synex Renewable Energy Stock Performance

The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 351.66. The company has a market cap of C$7.77 million, a PE ratio of -4.35 and a beta of 0.52. The firm’s fifty day moving average is C$1.77 and its 200 day moving average is C$1.88.

Synex Renewable Energy (TSE:SXIGet Free Report) last released its earnings results on Thursday, September 28th. The company reported C($0.05) EPS for the quarter. The company had revenue of C$0.71 million for the quarter. Synex Renewable Energy had a negative return on equity of 40.99% and a negative net margin of 79.63%.

About Synex Renewable Energy

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Synex Renewable Energy Corporation, through its subsidiaries, develops, owns, and operates electric power generation facilities. It provides engineering services for the control and use of water, primarily the design of hydroelectric and other power generation facilities, hydrology studies, river engineering, and related environmental services.

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