Sunda Energy Plc (LON:SNDA – Get Free Report) shares dropped 11.8% during mid-day trading on Thursday . The stock traded as low as GBX 1.50 and last traded at GBX 1.50. Approximately 6,747,250 shares traded hands during trading, an increase of 304% from the average daily volume of 1,668,834 shares. The stock had previously closed at GBX 1.70.
Sunda Energy Price Performance
The company’s fifty day simple moving average is GBX 2.62 and its 200-day simple moving average is GBX 2.72. The firm has a market capitalization of £5.43 million, a PE ratio of -1.97 and a beta of 0.38.
Sunda Energy (LON:SNDA – Get Free Report) last posted its quarterly earnings results on Monday, June 1st. The company reported GBX (1) earnings per share for the quarter.
About Sunda Energy
Sunda Energy is an independent gas-focussed company focussed on the Asia-Pacific region. It has a material interest in the Chuditch gas project – an undeveloped, highly prospective offshore field in Timor-Leste – and two exploration Service Contracts offshore the Philippines. The Company is acquiring a 100% working interest in producing assets onshore New Zealand (subject to customary approvals, including government consent). Sunda is quoted on the AIM market of the London Stock Exchange (SNDA.L).
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