SDX Energy (LON:SDX) Stock Price Down 12.5% – What’s Next?

SDX Energy plc (LON:SDX) traded down 12.5% during mid-day trading on Friday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.35 ($0.00). 929,203 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 4,720,076 shares. The stock had previously closed at GBX 0.40 ($0.00).

SDX Energy Price Performance

The company has a market cap of £818,240.00, a PE ratio of -8.00 and a beta of 0.70. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 43.35. The firm’s fifty day simple moving average is GBX 1.17 and its 200-day simple moving average is GBX 2.05.

SDX Energy Company Profile

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.