Synergia Energy (LON:SYN) Shares Up 12.2% – Here’s Why

Synergia Energy Ltd (LON:SYNGet Free Report)’s stock price rose 12.2% during mid-day trading on Thursday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 24,495,523 shares were traded during trading, a decline of 68% from the average daily volume of 75,381,969 shares. The stock had previously closed at GBX 0.05 ($0.00).

Synergia Energy Price Performance

The company has a market capitalization of £5.32 million, a PE ratio of 5.00 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. The stock’s 50 day simple moving average is GBX 0.06 and its 200-day simple moving average is GBX 0.09.

Synergia Energy Company Profile

(Get Free Report)

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.

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