Synex Renewable Energy (TSE:SXI) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Shares of Synex Renewable Energy Co. (TSE:SXIGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.77 and traded as high as C$1.77. Synex Renewable Energy shares last traded at C$1.75, with a volume of 1,900 shares trading hands.

Synex Renewable Energy Price Performance

The firm has a market capitalization of C$8.23 million, a P/E ratio of -8.33 and a beta of 0.29. The company has a current ratio of 0.31, a quick ratio of 0.26 and a debt-to-equity ratio of 409.15. The firm has a 50 day moving average price of C$1.77 and a 200-day moving average price of C$1.89.

Synex Renewable Energy Company Profile

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Synex Renewable Energy Corporation, through its subsidiaries, develops, owns, and operates electric power generation facilities. It provides engineering services for the control and use of water, primarily the design of hydroelectric and other power generation facilities, hydrology studies, river engineering, and related environmental services.

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