Synex Renewable Energy (TSE:SXI) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Synex Renewable Energy Co. (TSE:SXIGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$2.39 and traded as high 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 Stock Down 0.4%

The company has a current ratio of 0.31, a quick ratio of 0.26 and a debt-to-equity ratio of 452.47. The firm has a market cap of C$11.97 million, a price-to-earnings ratio of -13.59 and a beta of 0.29. The firm’s 50 day simple moving average is C$2.39 and its two-hundred day simple moving average 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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