Synex Renewable Energy (TSE:SXI) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Synex Renewable Energy Co. (TSE:SXIGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.69 and traded as high as C$1.70. Synex Renewable Energy shares last traded at C$1.70, with a volume of 300 shares.

Synex Renewable Energy Stock Performance

The firm has a market capitalization of C$7.99 million, a PE ratio of -8.10 and a beta of 0.29. The company has a quick ratio of 0.26, a current ratio of 0.31 and a debt-to-equity ratio of 409.15. The company has a 50-day moving average of C$1.69 and a 200 day moving average of C$1.78.

Synex Renewable Energy (TSE:SXIGet Free Report) last released its earnings results on Monday, September 30th. The company reported C($0.11) earnings per share for the quarter. Synex Renewable Energy had a negative return on equity of 34.34% and a negative net margin of 44.82%. The firm had revenue of C$0.64 million during the quarter.

Synex Renewable Energy Company Profile

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Synex Renewable Energy Corporation, through its subsidiaries, develops, owns, and operates electric power generation facilities. It provides engineering services for the control and use of water, primarily the design of hydroelectric and other power generation facilities, hydrology studies, river engineering, and related environmental services.

Further Reading

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