SDX Energy (LON:SDX) Given “House Stock” Rating at Shore Capital

Shore Capital restated their house stock rating on shares of SDX Energy (LON:SDX) in a research note issued to investors on Wednesday morning, MarketBeat.com reports.

SDX Energy Price Performance

Shares of LON SDX opened at GBX 3.70 ($0.05) on Wednesday. The stock’s 50 day moving average price is GBX 3.86 and its 200-day moving average price is GBX 3.97. SDX Energy has a twelve month low of GBX 3.40 ($0.04) and a twelve month high of GBX 7.38 ($0.09). The company has a market capitalization of £7.57 million, a PE ratio of -25.71 and a beta of 0.83. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 15.38.

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.