Sunda Energy Plc (LON:SNDA – Get Free Report) traded up 71.4% during mid-day trading on Thursday . The company traded as high as GBX 2.76 and last traded at GBX 2.40. Approximately 43,822,035 shares traded hands during mid-day trading, an increase of 1,535% from the average session volume of 2,680,544 shares. The stock had previously closed at GBX 1.40.
Sunda Energy Stock Up 71.4%
The firm has a market capitalization of £10.96 million, a PE ratio of -2.40 and a beta of 0.38. The firm has a 50-day moving average price of GBX 1.39 and a 200 day moving average price of GBX 2.33.
Sunda Energy (LON:SNDA – Get Free Report) last announced its earnings results on Monday, June 1st. The company reported GBX (1) EPS 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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