Synex Renewable Energy (TSE:SXI) Share Price Passes Above 50 Day Moving Average – Here’s Why

Shares of Synex Renewable Energy Co. (TSE:SXIGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$2.39 and traded as high 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 quick ratio of 0.26, a current ratio of 0.31 and a debt-to-equity ratio of 452.47. The firm has a market capitalization of C$11.97 million, a P/E ratio of -13.59 and a beta of 0.29. The stock has a fifty day moving average of C$2.39 and a 200-day moving average of C$2.39.

About Synex Renewable Energy

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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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