Synex Renewable Energy (TSE:SXI) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Synex Renewable Energy Co. (TSE:SXI)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$2.39 and traded as low as C$2.39. Synex Renewable Energy shares last traded at C$2.39, with a volume of 105,900 shares trading hands.

Synex Renewable Energy Stock Down 0.4%

The firm’s fifty day moving average price is C$2.39 and its 200-day moving average price is C$2.39. The company has a debt-to-equity ratio of 439.32, a current ratio of 0.52 and a quick ratio of 0.26. The firm has a market capitalization of C$11.97 million, a P/E ratio of -13.59 and a beta of 0.29.

About Synex Renewable Energy

Synex International Inc is an independent Canadian renewable power producer. It develops, acquires and operates renewable energy facilities. Synex International Inc generates revenue from three run of river power plants and one power line network in British Columbia. Synex is a renewable power developer with substantial wind and hydro projects under various levels of development in British Columbia.