FinnCap reissued their buy rating on shares of Sound Oil plc (LON:SOU) in a research note released 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 stock’s 50 day moving average price is GBX 78.23 and its 200 day moving average price is GBX 38.14. The firm’s market capitalization is GBX 432.83 million. Sound Oil plc has a 52 week low of GBX 12.50 and a 52 week high of GBX 102.00.

In other Sound Oil plc news, insider Whyte ,Stephen purchased 24,171 shares of Sound Oil plc stock in a transaction that occurred on Monday, August 8th. The stock was purchased at an average price of GBX 62 ($0.81) per share, for a total transaction 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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