Synex Renewable Energy (TSE:SXI) Shares Cross Below 200 Day Moving Average – Time to Sell?

Synex Renewable Energy Co. (TSE:SXIGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.39 and traded as low as C$2.39. Synex Renewable Energy shares last traded at C$2.39, with a volume of 105,900 shares changing hands.

Synex Renewable Energy Trading Down 0.4%

The company has a quick ratio of 0.26, a current ratio of 0.31 and a debt-to-equity ratio of 452.47. The company has a market capitalization of C$11.97 million, a P/E ratio of -13.59 and a beta of 0.29. The firm’s 50-day moving average price is C$2.39 and its 200 day moving average price is C$2.39.

Synex Renewable Energy Company Profile

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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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