Shares of Sunda Energy Plc (LON:SNDA – Get Free Report) were down 19.2% during trading on Wednesday . The stock traded as low as GBX 2 and last traded at GBX 2.06. Approximately 10,533,746 shares changed hands during mid-day trading, an increase of 469% from the average daily volume of 1,851,575 shares. The stock had previously closed at GBX 2.55.
Sunda Energy Stock Performance
The stock has a market capitalization of £8.26 million, a price-to-earnings ratio of -2.06 and a beta of 0.38. The company has a 50-day moving average of GBX 2.34 and a 200-day moving average of GBX 2.68.
Sunda Energy (LON:SNDA – Get Free Report) last posted its earnings results on Monday, June 1st. The company reported GBX (1) earnings per share (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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