SDX Energy (LON:SDX) Reaches New 12-Month Low at $2.50

SDX Energy plc (LON:SDX) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.50 ($0.03), with a volume of 1330226 shares. The stock had previously closed at GBX 2.60 ($0.03).

Analysts Set New Price Targets

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

SDX Energy Price Performance

The company’s 50-day simple moving average is GBX 3.20 and its two-hundred day simple moving average is GBX 3.63. The firm has a market cap of £5.32 million, a PE ratio of -18.57 and a beta of 0.82. The company has a debt-to-equity ratio of 15.38, a quick ratio of 1.20 and a current ratio of 1.20.

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.