Sound Energy (LON:SOU – Get Free Report) posted its quarterly earnings data on Friday. The company reported GBX (11.10) earnings per share for the quarter, Digital Look Earnings reports.
Sound Energy Price Performance
Shares of LON:SOU opened at GBX 4.70 on Friday. The firm has a 50 day moving average of GBX 4.97 and a 200-day moving average of GBX 7.20. The stock has a market capitalization of £10.73 million, a PE ratio of -1.88 and a beta of 1.02. The company has a current ratio of 2.78, a quick ratio of 2.08 and a debt-to-equity ratio of 326.29. Sound Energy has a 12 month low of GBX 3.96 and a 12 month high of GBX 13.
Sound Energy Company Profile
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.
Natural gas is a key part of Morocco’s de-carbonisation strategy, displacing power generation from carbon-intensive coal.
Further Reading
- Five stocks we like better than Sound Energy
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
- Overextended, e.l.f. Beauty Is Primed to Rebound in Back Half
- Biogen Stock Slides After Trial Miss, But Analysts Stay Bullish
Receive News & Ratings for Sound Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sound Energy and related companies with MarketBeat.com's FREE daily email newsletter.
