Synex Renewable Energy (TSE:SXI) Share Price Passes Below 50 Day Moving Average of $2.00

Synex Renewable Energy Co. (TSE:SXI)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.00 and traded as low as C$1.79. Synex Renewable Energy shares last traded at C$2.12, with a volume of 3,897 shares traded.

Synex Renewable Energy Trading Up 9.8 %

The business has a 50-day moving average of C$2.00 and a 200-day moving average of C$1.97. The company has a quick ratio of 0.26, a current ratio of 0.60 and a debt-to-equity ratio of 354.36. The stock has a market cap of C$9.96 million, a price-to-earnings ratio of -8.48 and a beta of 0.47.

Synex Renewable Energy (TSE:SXI) last announced its quarterly earnings results on Wednesday, February 14th. The company reported C$0.02 earnings per share (EPS) for the quarter. Synex Renewable Energy had a negative return on equity of 29.21% and a negative net margin of 40.37%. The business had revenue of C$0.97 million during the quarter.

Synex Renewable Energy Company Profile

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.