SDX Energy (LON:SDX) Stock Price Down 9.1% – Here’s What Happened

SDX Energy plc (LON:SDXGet Free Report) shares dropped 9.1% during mid-day trading on Wednesday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 399,508 shares traded hands during trading, a decline of 3% from the average daily volume of 410,871 shares. The stock had previously closed at GBX 0.55 ($0.01).

SDX Energy Price Performance

The company has a debt-to-equity ratio of 43.35, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of £1.02 million, a price-to-earnings ratio of -10.00 and a beta of 0.70. The company has a 50-day moving average price of GBX 1.71 and a 200-day moving average price of GBX 2.47.

SDX Energy Company Profile

(Get Free Report)

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.

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