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

SDX Energy plc (LON:SDX) reached a new 52-week low on Thursday . The company traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02), with a volume of 315003 shares changing hands. The stock had previously closed at GBX 1.90 ($0.02).

Analysts Set New Price Targets

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

SDX Energy Stock Down 5.3 %

The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 43.35. The firm has a market cap of £3.68 million, a P/E ratio of -40.00 and a beta of 0.70. The stock’s 50-day simple moving average is GBX 2.07 and its 200 day simple moving average is GBX 2.95.

About SDX Energy

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.