Shore Capital Reaffirms “House Stock” Rating for SDX Energy (LON:SDX)

Shore Capital reissued their house stock rating on shares of SDX Energy (LON:SDX) in a research note released on Wednesday, Marketbeat reports.

SDX Energy Price Performance

SDX stock opened at GBX 3.60 ($0.04) on Wednesday. The company has a debt-to-equity ratio of 15.38, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of £7.36 million, a P/E ratio of -25.71 and a beta of 0.83. The business’s 50-day moving average is GBX 3.84 and its two-hundred day moving average is GBX 3.96. SDX Energy has a 1 year low of GBX 3.40 ($0.04) and a 1 year high of GBX 7.35 ($0.09).

SDX Energy Company Profile

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.