SDX Energy (LON:SDX) Shares Up 17.7% – Here’s Why

SDX Energy plc (LON:SDX)’s stock price traded up 17.7% on Monday . The stock traded as high as GBX 0.43 ($0.01) and last traded at GBX 0.43 ($0.01). 1,808,730 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 3,621,122 shares. The stock had previously closed at GBX 0.36 ($0.00).

SDX Energy Trading Up 10.6 %

The company has a debt-to-equity ratio of 43.35, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of £791,647.20, a P/E ratio of -7.74 and a beta of 0.70. The stock has a 50-day moving average price of GBX 1.29 and a 200-day moving average price of GBX 2.13.

SDX Energy Company Profile

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.