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

Synex Renewable Energy Co. (TSE:SXIGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . 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 Trading Down 0.4%

The firm has a market cap of C$11.97 million, a PE ratio of -13.59 and a beta of 0.29. The firm has a fifty day simple moving average of C$2.39 and a two-hundred day simple moving average of C$2.36. The company has a current ratio of 0.35, a quick ratio of 0.26 and a debt-to-equity ratio of 517.10.

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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