SDX Energy (LON:SDX) Stock Price Down 16.7% – Here’s Why

SDX Energy plc (LON:SDX)’s stock price was down 16.7% during trading on Thursday . The stock traded as low as GBX 0.23 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 334,000 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 3,071,141 shares. The stock had previously closed at GBX 0.30 ($0.00).

SDX Energy Price Performance

The firm has a 50-day simple moving average of GBX 0.95 and a two-hundred day simple moving average of GBX 1.89. The company has a market capitalization of £511,400.00, a price-to-earnings ratio of -5.00 and a beta of 0.70. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 43.35.

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.