Sunda Energy Plc (LON:SNDA – Get Free Report)’s stock price rose 71.4% on Thursday . The stock traded as high as GBX 2.76 and last traded at GBX 2.40. 43,822,035 shares changed hands during trading, an increase of 1,535% from the average daily volume of 2,680,544 shares. The stock had previously closed at GBX 1.40.
Sunda Energy Trading Down 8.0%
The stock has a market cap of £10.50 million, a P/E ratio of -2.30 and a beta of 0.38. The firm has a 50-day simple moving average of GBX 1.43 and a two-hundred day simple moving average of GBX 2.33.
Sunda Energy (LON:SNDA – Get Free Report) last released its quarterly earnings results on Monday, June 1st. The company reported GBX (1) 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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