Synex Renewable Energy (TSE:SXI) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Synex Renewable Energy Co. (TSE:SXI) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.67 and traded as high as C$1.70. Synex Renewable Energy shares last traded at C$1.66, with a volume of 4,907 shares changing hands.

Synex Renewable Energy Stock Down 2.4 %

The stock’s fifty day moving average price is C$1.67 and its 200 day moving average price is C$1.72. The company has a current ratio of 0.31, a quick ratio of 0.26 and a debt-to-equity ratio of 409.15. The stock has a market cap of C$7.61 million, a P/E ratio of -7.71 and a beta of 0.29.

Synex Renewable Energy (TSE:SXI) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C($0.08) earnings per share for the quarter. Synex Renewable Energy had a negative net margin of 44.82% and a negative return on equity of 34.34%.

Synex Renewable Energy Company Profile

Synex Renewable Energy Corporation, through its subsidiaries, develops, owns, and operates electric power generation facilities. It provides engineering services for the control and use of water, primarily the design of hydroelectric and other power generation facilities, hydrology studies, river engineering, and related environmental services.