SDX Energy (LON:SDX) Shares Up 17.7% – Here’s What Happened

SDX Energy plc (LON:SDXGet Free Report) was up 17.7% on Monday . The company traded as high as GBX 0.43 ($0.01) and last traded at GBX 0.43 ($0.01). Approximately 1,808,730 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 3,621,122 shares. The stock had previously closed at GBX 0.36 ($0.00).

SDX Energy Price Performance

The company has a debt-to-equity ratio of 43.35, a current ratio of 1.20 and a quick ratio of 1.20. The company has a 50-day simple moving average of GBX 1.32 and a two-hundred day simple moving average of GBX 2.16. The stock has a market capitalization of £869,380.00, a price-to-earnings ratio of -8.50 and a beta of 0.70.

About SDX Energy

(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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