Synergia Energy (LON:SYN) Shares Climb 14.3% – Time to Buy?

Synergia Energy Ltd (LON:SYN) shares traded up 14.3% during mid-day trading on Wednesday. The company traded as high as GBX 0.01 and last traded at GBX 0.01. 19,932,098 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 56,940,359 shares. The stock had previously closed at GBX 0.01.

Synergia Energy Stock Up 14.3%

The stock has a market cap of £1.25 million, a P/E ratio of -0.00 and a beta of 0.37. The company has a current ratio of 0.82, a quick ratio of 2.13 and a debt-to-equity ratio of 4.43. The stock’s 50-day moving average is GBX 0.01 and its 200-day moving average is GBX 0.01.

Synergia Energy Company Profile

Synergia Energy Ltd comprises an experienced management team and operating personnel focused on responsible gas production and Carbon Capture and Storage (CCS) project development. We identify natural gas assets with development potential for gas production and/or CCS projects. Synergia Energy Ltd is also focused on carbon-neutral gas production and aims to become a major contributor to CO2 emission reduction by developing CCS projects, leveraging the extensive management experience in this sector.