Peel Hunt Reaffirms Buy Rating for SDX Energy (LON:SDX)

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Peel Hunt reiterated their buy rating on shares of SDX Energy (LON:SDX) in a report issued on Thursday morning, Digital Look reports. The firm currently has a GBX 35 ($0.46) target price on the stock.

Separately, Peel Hunt restated a buy rating and issued a GBX 38 ($0.50) price target on shares of SDX Energy in a research report on Wednesday, June 26th.

The company has a current ratio of 1.92, a quick ratio of 1.73 and a debt-to-equity ratio of 1.59. SDX Energy has a 12-month low of GBX 15.60 ($0.20) and a 12-month high of GBX 61 ($0.80). The company’s 50-day simple moving average is GBX 18.44. The stock has a market capitalization of $33.23 million and a price-to-earnings ratio of 245.00.

SDX Energy Company Profile

SDX Energy Inc engages in the exploration, development, and production of oil and gas primarily in the Arab Republic of Egypt and the Kingdom of Morocco. The company holds a 50% working interest in producing assets in the North West Gemsa and Meseda located onshore in the Eastern Desert, adjacent to the Gulf of Suez; 75% working interest in the Sebou concession situated in the Gharb Basin; and 12.75% working interest in development assets in the South Ramadan concession.

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