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

Shore Capital reissued their house stock rating on shares of SDX Energy (LON:SDX) 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

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.