SDX Energy (CVE:SDX) Shares Cross Above 50 Day Moving Average of $0.37

Shares of SDX Energy Inc (CVE:SDX – Get Rating) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.37 and traded as high as C$0.41. SDX Energy shares last traded at C$0.37, with a volume of 783,993 shares changing hands.

SDX Energy Price Performance

The stock has a 50 day moving average of C$0.37 and a two-hundred day moving average of C$0.37. The company has a debt-to-equity ratio of 1.70, a quick ratio of 2.06 and a current ratio of 2.40. The firm has a market capitalization of C$75.75 million and a P/E ratio of 370.00.

SDX Energy Company Profile

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SDX Energy Inc engages in the exploration, development, and production of oil and gas primarily in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds a 50% working interest in producing assets in the North West Gemsa and Meseda located onshore in the Eastern Desert, adjacent to the Gulf of Suez; 75% working interest in the Sebou concession situated in the Gharb Basin; and 12.75% working interest in development assets in the South Ramadan concession.

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