Synergia Energy (LON:SYN) Stock Price Up 12.2% – Still a Buy?

Synergia Energy Ltd (LON:SYNGet Free Report) shares shot up 12.2% during trading on Thursday . The stock traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 24,495,523 shares were traded during trading, a decline of 68% from the average session volume of 75,381,969 shares. The stock had previously closed at GBX 0.05 ($0.00).

Synergia Energy Price Performance

The company has a 50 day moving average of GBX 0.06 and a 200 day moving average of GBX 0.09. The company has a debt-to-equity ratio of 9.61, a quick ratio of 2.13 and a current ratio of 0.87. The stock has a market capitalization of £5.32 million, a price-to-earnings ratio of 5.00 and a beta of 1.28.

Synergia Energy Company Profile

(Get Free Report)

Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas. It holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was formerly known as Oilex Ltd and changed its name to Synergia Energy Ltd in July 2022.

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