SDX Energy (CVE:SDX) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

SDX Energy Inc (CVE:SDXGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.37 and traded as high as C$0.41. SDX Energy shares last traded at C$0.37, with a volume of 783,993 shares traded.

SDX Energy Stock Down 5.1 %

The business’s fifty day moving average price is C$0.37 and its two-hundred day moving average price is C$0.37. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.40 and a quick ratio of 2.06. The stock has a market capitalization of C$75.75 million and a PE ratio of 370.00.

SDX Energy Company Profile

(Get Free Report)

SDX Energy Inc engages in the exploration, development, and production of oil and gas primarily in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds a 50% working interest in producing assets in the North West Gemsa and Meseda located onshore in the Eastern Desert, adjacent to the Gulf of Suez; 75% working interest in the Sebou concession situated in the Gharb Basin; and 12.75% working interest in development assets in the South Ramadan concession.

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