Synex Renewable Energy (TSE:SXI) Shares Pass Below 200 Day Moving Average – Here’s What Happened

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

Synex Renewable Energy Stock 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 cap of C$11.97 million, a price-to-earnings ratio of -13.59 and a beta of 0.29. The company’s fifty day simple moving average is C$2.39 and its two-hundred day simple moving average is 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.

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