Synergia Energy (LON:SYN) Reaches New 12-Month Low – Time to Sell?

Synergia Energy Ltd (LON:SYNGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 47483152 shares. The stock had previously closed at GBX 0.05 ($0.00).

Synergia Energy Stock Down 2.0 %

The company has a current ratio of 0.87, a quick ratio of 2.13 and a debt-to-equity ratio of 9.61. The company has a 50 day simple moving average of GBX 0.08 and a two-hundred day simple moving average of GBX 0.10. The firm has a market capitalization of £5.32 million, a P/E ratio of 5.10 and a beta of 1.28.

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.

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