Synergia Energy (LON:SYN) Reaches New 1-Year Low – Should You Sell?

Synergia Energy Ltd (LON:SYNGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00), with a volume of 24493461 shares. The stock had previously closed at GBX 0.07 ($0.00).

Synergia Energy Stock Performance

The business has a fifty day simple moving average of GBX 0.09 and a two-hundred day simple moving average of GBX 0.11. The company has a market cap of £7.66 million, a PE ratio of 7.20 and a beta of 1.28. The company has a debt-to-equity ratio of 9.61, a current ratio of 0.87 and a quick ratio of 2.13.

Synergia Energy Company Profile

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Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas. It holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was formerly known as Oilex Ltd and changed its name to Synergia Energy Ltd in July 2022.

Further Reading

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