SDX Energy’s (SDX) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital reissued their house stock rating on shares of SDX Energy (LON:SDXFree Report) in a research note released on Monday, Marketbeat reports.

SDX Energy Stock Up 22.8 %

SDX opened at GBX 4.85 ($0.06) on Monday. SDX Energy has a 1-year low of GBX 3.50 ($0.04) and a 1-year high of GBX 10.30 ($0.13). The stock’s fifty day simple moving average is GBX 5.25 and its 200 day simple moving average is GBX 6.08. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 16.48. The stock has a market cap of £9.92 million, a PE ratio of -34.64 and a beta of 0.96.

About SDX Energy

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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.

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