SDX Energy (CVE:SDX) Stock Price Passes Below 50 Day Moving Average of $0.37

SDX Energy Inc (CVE:SDX – Get Rating) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.37 and traded as low as C$0.33. SDX Energy shares last traded at C$0.37, with a volume of 783,993 shares traded.

SDX Energy Stock Down 5.1 %

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 capitalization of C$75.75 million and a price-to-earnings ratio of 370.00. The firm’s 50-day simple moving average is C$0.37 and its 200-day simple moving average is C$0.37.

About SDX Energy

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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.