Sunda Energy Plc (LON:SNDA – Get Free Report)’s share price fell 9.7% on Wednesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. 78,917,422 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 114,771,508 shares. The stock had previously closed at GBX 0.03.
Sunda Energy Trading Down 3.4%
The business’s fifty day simple moving average is GBX 0.09 and its two-hundred day simple moving average is GBX 0.05. The stock has a market capitalization of £881.35 million, a P/E ratio of -350.00 and a beta of 0.38.
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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