Synex Renewable Energy (TSE:SXI) Shares Cross Below 50 Day Moving Average – Time to Sell?

Shares of Synex Renewable Energy Co. (TSE:SXIGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$2.39 and traded as low as C$2.39. Synex Renewable Energy shares last traded at C$2.39, with a volume of 105,900 shares traded.

Synex Renewable Energy Stock Performance

The company has a current ratio of 0.52, a quick ratio of 0.26 and a debt-to-equity ratio of 439.32. The stock has a fifty day moving average price of C$2.39 and a 200-day moving average price of C$2.39. The firm has a market capitalization of C$11.97 million, a price-to-earnings ratio of -13.59 and a beta of 0.29.

Synex Renewable Energy Company Profile

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Synex International Inc is an independent Canadian renewable power producer. It develops, acquires and operates renewable energy facilities. Synex International Inc generates revenue from three run of river power plants and one power line network in British Columbia. Synex is a renewable power developer with substantial wind and hydro projects under various levels of development in British Columbia.

Further Reading

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