Shares of Sunda Energy Plc (LON:SNDA – Get Free Report) traded down 19.2% on Wednesday . The company traded as low as GBX 2 and last traded at GBX 2.06. 10,533,746 shares changed hands during trading, an increase of 469% from the average session volume of 1,851,575 shares. The stock had previously closed at GBX 2.55.
Sunda Energy Price Performance
The company has a 50-day simple moving average of GBX 2.34 and a 200-day simple moving average of GBX 2.68. The stock has a market cap of £8.26 million, a PE ratio of -2.06 and a beta of 0.38.
Sunda Energy (LON:SNDA – Get Free Report) last issued 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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