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

Shares of SDX Energy plc (LON:SDX) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01), with a volume of 2539788 shares. The stock had previously closed at GBX 0.43 ($0.01).

SDX Energy Stock Performance

The firm has a fifty day simple moving average of GBX 1.53 and a 200 day simple moving average of GBX 2.32. The company has a market capitalization of £738,461.60, a price-to-earnings ratio of -7.22 and a beta of 0.70. The company has a debt-to-equity ratio of 43.35, a current ratio of 1.20 and a quick ratio of 1.20.

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.