SDX Energy (LON:SDX) Hits New 1-Year Low – Here’s What Happened

SDX Energy plc (LON:SDX)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 1.76 ($0.02) and last traded at GBX 1.90 ($0.02), with a volume of 61539 shares changing hands. 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 research report on Thursday, July 25th.

SDX Energy Trading Up 2.6 %

The firm has a market cap of £3.99 million, a price-to-earnings ratio of -39.00 and a beta of 0.70. The company’s 50-day moving average price is GBX 1.98 and its 200-day moving average price is GBX 2.84. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 43.35.

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.