Synex Renewable Energy (TSE:SXI) Stock Passes Below Fifty Day Moving Average – What’s Next?

Synex Renewable Energy Co. (TSE:SXIGet Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Synex Renewable Energy Price Performance

The company has a debt-to-equity ratio of 452.47, a current ratio of 0.31 and a quick ratio of 0.26. The stock has a market capitalization of C$11.97 million, a price-to-earnings ratio of -13.59 and a beta of 0.29. The business’s fifty day moving average price is C$2.39 and its 200-day moving average price is C$2.39.

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.

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