Synthesis Energy Systems, Inc. (NASDAQ:SYMX) Cut to Sell at ValuEngine

ValuEngine lowered shares of Synthesis Energy Systems, Inc. (NASDAQ:SYMX) from a hold rating to a sell rating in a report released on Tuesday, July 25th.

Synthesis Energy Systems (NASDAQ:SYMX) traded down 10.2122% during mid-day trading on Tuesday, hitting $0.3851. 126,168 shares of the company’s stock were exchanged. The stock’s market capitalization is $33.62 million. Synthesis Energy Systems has a 52 week low of $0.34 and a 52 week high of $1.45. The firm has a 50 day moving average of $0.52 and a 200 day moving average of $0.76.

Synthesis Energy Systems (NASDAQ:SYMX) last issued its quarterly earnings results on Thursday, May 11th. The specialty chemicals company reported ($0.03) EPS for the quarter. The company had revenue of $0.02 million during the quarter. Equities analysts forecast that Synthesis Energy Systems will post ($0.12) earnings per share for the current fiscal year.

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Synthesis Energy Systems Company Profile

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.

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