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

SDX Energy plc (LON:SDX) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 1.76 ($0.02) and last traded at GBX 1.90 ($0.02), with a volume of 61539 shares. The stock had previously closed at GBX 1.90 ($0.02).

Analyst Upgrades and Downgrades

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

SDX Energy Price Performance

The business has a 50-day moving average price of GBX 2 and a 200-day moving average price of GBX 2.86. 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 market cap of £3.89 million, a PE ratio of -38.06 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.