SDX Energy (LON:SDX) Stock Price Up 46.8% – Time to Buy?

SDX Energy plc (LON:SDXGet Free Report)’s stock price rose 46.8% during trading on Monday . The stock traded as high as GBX 0.75 ($0.01) and last traded at GBX 0.58 ($0.01). Approximately 18,346,102 shares were traded during mid-day trading, an increase of 3,558% from the average daily volume of 501,600 shares. The stock had previously closed at GBX 0.40 ($0.00).

SDX Energy Trading Up 46.8 %

The firm has a market cap of £1.19 million, a P/E ratio of -11.60 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. The company’s fifty day moving average price is GBX 1.47 and its two-hundred day moving average price is GBX 2.27.

About SDX Energy

(Get Free Report)

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.

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