SDX Energy (LON:SDX) Sets New 52-Week Low – Here’s What Happened

SDX Energy plc (LON:SDX)’s share price hit a new 52-week low on Friday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.27 ($0.00), with a volume of 11023193 shares. The stock had previously closed at GBX 0.30 ($0.00).

SDX Energy Price Performance

The stock’s 50 day moving average price is GBX 0.85 and its two-hundred day moving average price is GBX 1.83. The company has a debt-to-equity ratio of 43.35, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of £558,448.80, a price-to-earnings ratio of -5.46 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.