Cantor Fitzgerald Thinks SDX Energy’s Stock is Going to Recover


SDX Energy (SDX), the Materials sector company was revisited on February 7, and remains undervalued for at least one analyst on the street. Analyst Ashley Kelty from Cantor Fitzgerald remains bullish on the stock.

The word on The Street in general, suggests a Hold analyst consensus rating for SDX Energy.

SDX Energy’s market cap is currently C$137.2M and has a P/E ratio of 263. The company has a Price to Book ratio of 0.89.

SDX Energy, Inc. engages in the exploration, production, and development of oil and natural gas. Its portfolio includes the North West Gemesa, Meseda, South Disouq, South Ramadan and Morocco concession. The company was founded on March 28, 2006 and is headquartered in London, the United Kingdom.

The company’s shares closed on Monday at C$0.67, close to its 52-week low of C$0.58.

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