Synergia Energy (LON:SYN) Reaches New 52-Week Low – What’s Next?

Synergia Energy Ltd (LON:SYN)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00), with a volume of 349588313 shares traded. The stock had previously closed at GBX 0.07 ($0.00).

Synergia Energy Price Performance

The company has a market capitalization of £6.92 million, a price-to-earnings ratio of 6.75 and a beta of 1.28. The company has a current ratio of 0.87, a quick ratio of 2.13 and a debt-to-equity ratio of 9.61. The company has a 50 day moving average price of GBX 0.09 and a 200 day moving average price of GBX 0.11.

Synergia Energy Company Profile

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.