SDX Energy (LON:SDX) Sets New 1-Year Low – What’s Next?

SDX Energy plc (LON:SDX) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.40 ($0.01), with a volume of 7564097 shares traded. The stock had previously closed at GBX 0.45 ($0.01).

SDX Energy Price Performance

The company has a market cap of £818,240.00, a P/E ratio of -8.00 and a beta of 0.70. The stock has a 50-day moving average of GBX 1.38 and a 200 day moving average of GBX 2.20. The company has a debt-to-equity ratio of 43.35, a current ratio of 1.20 and a quick ratio of 1.20.

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.