SDX Energy (LON:SDX) Hits New 12-Month Low at $2.80

SDX Energy plc (LON:SDX) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 2.80 ($0.04) and last traded at GBX 2.80 ($0.04), with a volume of 148537 shares traded. The stock had previously closed at GBX 3 ($0.04).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of SDX Energy in a research report on Thursday, July 25th.

SDX Energy Trading Down 6.7 %

The firm has a market capitalization of £5.73 million, a P/E ratio of -21.43 and a beta of 0.82. The stock’s 50-day simple moving average is GBX 3.46 and its two-hundred day simple moving average is GBX 3.73. The company has a debt-to-equity ratio of 15.38, 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.