Synex Renewable Energy (TSE:SXI) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Synex Renewable Energy Co. (TSE:SXI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.70 and traded as high as C$1.70. Synex Renewable Energy shares last traded at C$1.70, with a volume of 100 shares trading hands.

Synex Renewable Energy Trading Up 0.6 %

The company has a market cap of C$7.99 million, a P/E ratio of -8.10 and a beta of 0.29. The company has a quick ratio of 0.26, a current ratio of 0.31 and a debt-to-equity ratio of 409.15. The business has a 50-day moving average price of C$1.70 and a two-hundred day moving average price of C$1.80.

Synex Renewable Energy (TSE:SXI) last posted its quarterly earnings results on Monday, September 30th. The company reported C($0.11) earnings per share (EPS) for the quarter. The firm had revenue of C$0.64 million during the quarter. Synex Renewable Energy had a negative net margin of 44.82% and a negative return on equity of 34.34%.

Synex Renewable Energy Company Profile

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.