Synthesis Energy Systems, Inc. (SYMX) Cut to “Sell” at ValuEngine
ValuEngine cut shares of Synthesis Energy Systems, Inc. (NASDAQ:SYMX) from a hold rating to a sell rating in a report issued on Tuesday morning.
Shares of Synthesis Energy Systems (SYMX) traded up 4.436% during trading on Tuesday, hitting $0.485. The stock had a trading volume of 865,020 shares. The stock’s 50 day moving average is $0.56 and its 200-day moving average is $0.77. Synthesis Energy Systems has a 12-month low of $0.34 and a 12-month high of $1.45. The company’s market cap is $42.35 million.
Synthesis Energy Systems (NASDAQ:SYMX) last posted its quarterly earnings data on Thursday, May 11th. The specialty chemicals company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $0.02 million during the quarter. Analysts forecast that Synthesis Energy Systems will post ($0.12) earnings per share for the current year.
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About Synthesis Energy Systems
Synthesis Energy Systems, Inc is a clean energy company that develops, builds and owns clean energy projects. The Company owns gasification technology, which it utilizes to provide technology licenses and equipment to customers in the energy and chemical industries. The Company operates through segments, including SES China, Technology Licensing and Related Services, and Corporate.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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