Shares of Sound Energy plc (LON:SOU – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 1.30 and last traded at GBX 1.35, with a volume of 77,487 shares changing hands. The stock had previously closed at GBX 1.30.
Sound Energy Trading Up 3.7%
The stock has a market cap of £3.21 million, a PE ratio of -0.14 and a beta of 1.10. The firm has a 50-day simple moving average of GBX 1.46 and a 200-day simple moving average of GBX 3.49. The company has a quick ratio of 2.08, a current ratio of 0.05 and a debt-to-equity ratio of -541.45.
Sound Energy (LON:SOU – Get Free Report) last announced its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.46) earnings per share for the quarter. Equities analysts forecast that Sound Energy plc will post -0.40 earnings per share for the current year.
About Sound Energy
Sound Energy is an upstream gas company with assets in Morocco, listed on the AIM market of the London Stock Exchange. Sound energy is focussed on providing lower carbon footprint fuels, powering the region’s energy transition through cash generative developments. Sound Energy is developing Phase 1 of its operations in the Tendrara production concession, a Micro LNG facility to supply gas to Moroccan industry. Phase 2 will see gas delivered to the Maghreb-Europe pipeline. Our exploration portfolio continues to hold multi-Tcf upside potential.
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