Synex Renewable Energy (TSE:SXI) Shares Up 0.4% – Still a Buy?

Synex Renewable Energy Co. (TSE:SXIGet Free Report) shot up 0.4% on Friday . The company traded as high as C$2.31 and last traded at C$2.31. 1,100 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 10,398 shares. The stock had previously closed at C$2.30.

Synex Renewable Energy Stock Up 0.4 %

The company has a market capitalization of C$11.57 million, a price-to-earnings ratio of -13.13 and a beta of 0.29. The company has a current ratio of 0.35, a quick ratio of 0.26 and a debt-to-equity ratio of 517.10. The firm’s 50 day simple moving average is C$2.03 and its 200-day simple moving average is C$1.79.

About Synex Renewable Energy

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Synex Renewable Energy Corporation, through its subsidiaries, develops, owns, and operates electric power generation facilities. It provides engineering services for the control and use of water, primarily the design of hydroelectric and other power generation facilities, hydrology studies, river engineering, and related environmental services.

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