SDX Energy (LON:SDX) Sets New 12-Month Low – What’s Next?

SDX Energy plc (LON:SDX) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.47 ($0.01), with a volume of 2396791 shares. The stock had previously closed at GBX 0.50 ($0.01).

SDX Energy Stock Performance

The company has a 50-day simple moving average of GBX 1.62 and a two-hundred day simple moving average of GBX 2.40. The company has a debt-to-equity ratio of 43.35, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market capitalization of £869,380.00, a P/E ratio of -8.50 and a beta of 0.70.

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.