Sound Energy plc (LON:SOU – Get Free Report) rose 9.8% during trading on Wednesday . The company traded as high as GBX 0.71 ($0.01) and last traded at GBX 0.71 ($0.01). Approximately 695,090 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 2,695,768 shares. The stock had previously closed at GBX 0.65 ($0.01).
Sound Energy Price Performance
The firm has a market capitalization of £14.52 million, a PE ratio of -9.33 and a beta of 1.83. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 182.23. The firm’s fifty day simple moving average is GBX 0.73 and its 200-day simple moving average is GBX 0.72.
Sound Energy (LON:SOU – Get Free Report) last announced its quarterly earnings results on Thursday, September 18th. The company reported GBX (0.27) EPS for the quarter. On average, research analysts forecast that Sound Energy plc will post -0.4 earnings per share for the current fiscal year.
About Sound Energy
Sound Energy is an upstream gas company with assets in Morocco, listed on the AIM market of the London Stock Exchange. Sound energy is focussed on providing lower carbon footprint fuels, powering the region’s energy transition through cash generative developments.
Sound Energy is developing Phase 1 of its operations in the Tendrara production concession, a Micro LNG facility to supply gas to Moroccan industry.
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