SDX Energy (LON:SDX) Stock Price Down 7.7% – What’s Next?

SDX Energy plc (LON:SDX) shares traded down 7.7% on Wednesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.22 ($0.00). 6,491,915 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 3,800,889 shares. The stock had previously closed at GBX 0.23 ($0.00).

SDX Energy Stock Up 6.0 %

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 company has a market capitalization of £507,308.80, a P/E ratio of -4.96 and a beta of 0.70. The firm has a 50-day moving average price of GBX 0.79 and a two-hundred day moving average price of GBX 1.79.

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.