Shares of Sunda Energy Plc (LON:SNDA – Get Free Report) were up 71.4% during trading on Thursday . The stock traded as high as GBX 2.76 and last traded at GBX 2.40. Approximately 43,822,035 shares changed hands during trading, an increase of 1,535% from the average daily volume of 2,680,544 shares. The stock had previously closed at GBX 1.40.
Sunda Energy Stock Up 71.4%
The firm has a 50-day moving average of GBX 1.39 and a two-hundred day moving average of GBX 2.33. The company has a market capitalization of £10.96 million, a PE ratio of -2.40 and a beta of 0.38.
Sunda Energy (LON:SNDA – Get Free Report) last announced its quarterly earnings results on Monday, June 1st. The company reported GBX (1) EPS for the quarter.
About Sunda Energy
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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