Sunda Energy (LON:SNDA) Hits New 12-Month Low – Should You Sell?

Sunda Energy Plc (LON:SNDAGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 1.60 and last traded at GBX 1.70, with a volume of 2211501 shares. The stock had previously closed at GBX 1.82.

Sunda Energy Price Performance

The firm has a fifty day simple moving average of GBX 2.82 and a 200-day simple moving average of GBX 2.75. The firm has a market cap of £5.87 million, a P/E ratio of -2.13 and a beta of 0.38.

About Sunda Energy

(Get Free Report)

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).

Recommended Stories

Receive News & Ratings for Sunda Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunda Energy and related companies with MarketBeat.com's FREE daily email newsletter.