SDX Energy Inc (CVE:SDX – Get Free Report) was down 5.1% during mid-day trading on Tuesday. The stock traded as low as C$0.33 and last traded at C$0.37. 783,993 shares changed hands during mid-day trading, an increase of 542% from the average session volume of 122,122 shares. The stock had previously closed at C$0.39.
SDX Energy Stock Performance
The firm’s 50-day moving average price is C$0.37 and its 200 day moving average price is C$0.37. The company has a debt-to-equity ratio of 1.70, a quick ratio of 2.06 and a current ratio of 2.40. The company has a market cap of C$75.75 million and a price-to-earnings ratio of 370.00.
About SDX Energy
SDX Energy Inc. engages in the exploration, development, and production of oil and gas primarily in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds a 50% working interest in producing assets in the North West Gemsa and Meseda located onshore in the Eastern Desert, adjacent to the Gulf of Suez; 75% working interest in the Sebou concession situated in the Gharb Basin; and 12.75% working interest in development assets in the South Ramadan concession. It also holds a 55% working interest in exploration asset in the South Disouq concession; and 75% working interest in the Lalla Mimouna and the Gharb Centre concessions.
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