Sound Energy (SOU) Trading Up 10.8%

Sound Energy PLC (LON:SOU) shares were up 10.8% during trading on Wednesday . The company traded as high as GBX 50 ($0.69) and last traded at GBX 49.78 ($0.69). Approximately 2,390,375 shares were traded during mid-day trading, an increase of 91% from the average daily volume of 1,250,000 shares. The stock had previously closed at GBX 44.94 ($0.62).

The company has a market capitalization of $500.33 and a PE ratio of -984.80.

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About Sound Energy

Sound Energy plc is a Mediterranean upstream company. The principal activity of the Company and its subsidiaries is the exploration, appraisal and development to production as an operator in the oil and gas industry. Its principal activity is in Italy and Morocco. It operates through three segments: corporate; exploration and appraisal, and development and production.

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