Synex Renewable Energy (TSE:SXI) Stock Crosses Above 50 Day Moving Average – Here’s What Happened
by Michael Walen · The Markets DailySynex Renewable Energy Co. (TSE:SXI – Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.
Synex Renewable Energy Stock Performance
The firm’s fifty day moving average is C$2.39 and its two-hundred day moving average is C$2.39. The firm has a market capitalization of C$11.97 million, a PE ratio of -13.59 and a beta of 0.29. The company has a debt-to-equity ratio of 439.32, a current ratio of 0.52 and a quick ratio of 0.26.
About Synex Renewable Energy
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.