Synex Renewable Energy (TSE:SXI) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Synex Renewable Energy Co. (TSE:SXIGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 trading hands.

Synex Renewable Energy Trading Down 0.4%

The firm has a market capitalization of C$11.97 million, a PE ratio of -13.59 and a beta of 0.29. The company has a quick ratio of 0.26, a current ratio of 0.52 and a debt-to-equity ratio of 439.32. The business’s fifty day moving average price is C$2.39 and its 200 day moving average price is C$2.39.

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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