SDX Energy (LON:SDX) Stock Rating Reaffirmed by Shore Capital

SDX Energy (LON:SDX)‘s stock had its “house stock” rating reissued by research analysts at Shore Capital in a research note issued on Wednesday, Marketbeat reports.

SDX Energy Price Performance

Shares of LON:SDX opened at GBX 3.60 ($0.04) on Wednesday. The business’s 50-day moving average is GBX 3.85 and its 200-day moving average is GBX 3.97. SDX Energy has a 1 year low of GBX 3.40 ($0.04) and a 1 year high of GBX 7.38 ($0.09). The company has a debt-to-equity ratio of 15.38, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of £7.36 million, a price-to-earnings ratio of -25.71 and a beta of 0.83.

About SDX Energy

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.