Sunda Energy Plc (LON:SNDA – Get Free Report)’s share price traded down 11.5% during mid-day trading on Monday . The company traded as low as GBX 1.88 and last traded at GBX 1.95. 3,204,608 shares traded hands during trading, an increase of 134% from the average session volume of 1,366,755 shares. The stock had previously closed at GBX 2.20.
Sunda Energy Stock Performance
The business’s 50 day simple moving average is GBX 2.99 and its 200-day simple moving average is GBX 2.78. The stock has a market capitalization of £6.72 million, a price-to-earnings ratio of -2.44 and a beta of 0.38.
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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