Synergia Energy (LON:SYN) Reaches New 12-Month Low – Time to Sell?

Synergia Energy Ltd (LON:SYNGet Free Report)’s share price hit a new 52-week low on Friday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 192233547 shares changing hands. The stock had previously closed at GBX 0.05 ($0.00).

Synergia Energy Price Performance

The business has a fifty day moving average of GBX 0.06 and a 200 day moving average of GBX 0.09. The company has a debt-to-equity ratio of 9.61, a current ratio of 0.87 and a quick ratio of 2.13. The stock has a market cap of £5.21 million, a PE ratio of 4.90 and a beta of 1.28.

Synergia Energy Company Profile

(Get Free Report)

Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas. It holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was formerly known as Oilex Ltd and changed its name to Synergia Energy Ltd in July 2022.

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