Synergia Energy (LON:SYN) Sets New 52-Week Low – What’s Next?

Synergia Energy Ltd (LON:SYNGet Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 419072094 shares trading hands. The stock had previously closed at GBX 0.07 ($0.00).

Synergia Energy Stock Performance

The company has a quick ratio of 2.13, a current ratio of 0.87 and a debt-to-equity ratio of 9.61. The stock has a fifty day simple moving average of GBX 0.08 and a 200-day simple moving average of GBX 0.10. The company has a market capitalization of £5.53 million, a P/E ratio of 5.20 and a beta of 1.28.

About Synergia Energy

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Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas. It holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was formerly known as Oilex Ltd and changed its name to Synergia Energy Ltd in July 2022.

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