Synex Renewable Energy (TSE:SXI) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Synex Renewable Energy Co. (TSE:SXIGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.39 and traded as high as C$2.39. Synex Renewable Energy shares last traded at C$2.39, with a volume of 105,900 shares traded.

Synex Renewable Energy Trading Down 0.4%

The stock has a 50-day moving average of C$2.39 and a 200 day moving average of C$2.38. The company has a quick ratio of 0.26, a current ratio of 0.35 and a debt-to-equity ratio of 517.10. The stock has a market cap of C$11.97 million, a PE ratio of -13.59 and a beta of 0.29.

About Synex Renewable Energy

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Synex International Inc is an independent Canadian renewable power producer. It develops, acquires and operates renewable energy facilities. Synex International Inc generates revenue from three run of river power plants and one power line network in British Columbia. Synex is a renewable power developer with substantial wind and hydro projects under various levels of development in British Columbia.

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