FinnCap reissued their buy rating on shares of Sound Oil plc (LON:SOU) in a report published on Friday.

Sound Oil plc (LON:SOU) traded down 2.86% during mid-day trading on Friday, reaching GBX 85.00. 5,196,025 shares of the company traded hands. The firm’s 50-day moving average is GBX 78.23 and its 200 day moving average is GBX 38.14. Sound Oil plc has a 52-week low of GBX 12.50 and a 52-week high of GBX 102.00. The stock’s market capitalization is GBX 432.83 million.

In related news, insider Whyte ,Stephen purchased 24,171 shares of the firm’s stock in a transaction dated Monday, August 8th. The stock was acquired at an average price of GBX 62 ($0.81) per share, with a total value of £14,986.02 ($19,561.44).

About Sound Oil plc

Sound Energy plc, formerly Sound Oil plc, is a Mediterranean oil and gas exploration and production company. The Company is focused on its onshore gas portfolio in Italy. The Company’s segments include Corporate, Exploration and Appraisal, and Development and Production. It has interests in approximately 18 licenses in Italy, including over three production concessions, over seven permits and over eight exclusive permit applications.

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