Synex Renewable Energy (TSE:SXI) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Synex Renewable Energy Co. (TSE:SXIGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.67 and traded as high as C$1.70. Synex Renewable Energy shares last traded at C$1.66, with a volume of 4,907 shares trading hands.

Synex Renewable Energy Trading Down 2.4 %

The company has a quick ratio of 0.26, a current ratio of 0.31 and a debt-to-equity ratio of 409.15. The company has a market cap of C$7.61 million, a price-to-earnings ratio of -7.71 and a beta of 0.29. The firm has a 50 day moving average price of C$1.67 and a two-hundred day moving average price of C$1.72.

Synex Renewable Energy (TSE:SXIGet Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C($0.08) earnings per share for the quarter. Synex Renewable Energy had a negative net margin of 44.82% and a negative return on equity of 34.34%.

About Synex Renewable Energy

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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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