Sunda Energy Plc (LON:SNDA – Get Free Report) shares dropped 4.2% on Thursday . The stock traded as low as GBX 1 and last traded at GBX 1.15. Approximately 3,575,063 shares changed hands during trading, an increase of 60% from the average daily volume of 2,240,526 shares. The stock had previously closed at GBX 1.20.
Sunda Energy Trading Up 7.0%
The firm has a 50 day simple moving average of GBX 1.73 and a 200 day simple moving average of GBX 2.53. The firm has a market capitalization of £5.11 million, a PE ratio of -1.15 and a beta of 0.38.
Sunda Energy (LON:SNDA – Get Free Report) last issued its quarterly earnings data on Monday, June 1st. The company reported GBX (1) earnings per share for the quarter.
Sunda Energy Company Profile
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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