SDX Energy (LON:SDX) Stock Price Down 16.7% – Here’s What Happened

SDX Energy plc (LON:SDX)’s share price fell 16.7% on Thursday . The company traded as low as GBX 0.23 ($0.00) and last traded at GBX 0.25 ($0.00). 334,000 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 3,071,141 shares. The stock had previously closed at GBX 0.30 ($0.00).

SDX Energy Trading Down 16.7 %

The company has a fifty day moving average of GBX 0.95 and a 200-day moving average of GBX 1.89. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 43.35. The company has a market capitalization of £511,400.00, a price-to-earnings ratio of -5.00 and a beta of 0.70.

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.