Shore Capital Reaffirms “House Stock” Rating for SDX Energy (LON:SDX)

Shore Capital reaffirmed their house stock rating on shares of SDX Energy (LON:SDX) in a research report sent to investors on Wednesday morning, MarketBeat.com reports.

SDX Energy Stock Performance

SDX opened at GBX 3.60 ($0.04) on Wednesday. SDX Energy has a fifty-two week low of GBX 3.40 ($0.04) and a fifty-two week high of GBX 7.35 ($0.09). The company has a debt-to-equity ratio of 15.38, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of £7.36 million, a price-to-earnings ratio of -25.71 and a beta of 0.83. The company’s 50 day moving average price is GBX 3.84 and its two-hundred day moving average price is GBX 3.96.

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.