Sunda Energy Plc (LON:SNDA – Get Free Report) was up 29.3% during trading on Friday . The stock traded as high as GBX 3.10 and last traded at GBX 2.97. Approximately 24,533,127 shares were traded during mid-day trading, an increase of 759% from the average daily volume of 2,855,699 shares. The stock had previously closed at GBX 2.30.
Sunda Energy Trading Up 29.3%
The firm has a market cap of £13.57 million, a P/E ratio of -2.97 and a beta of 0.38. The company’s 50 day simple moving average is GBX 1.49 and its 200-day simple moving average is GBX 2.30.
Sunda Energy (LON:SNDA – Get Free Report) last announced its quarterly 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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