Shares of Sunda Energy Plc (LON:SNDA – Get Free Report) shot up 22.8% on Wednesday . The company traded as high as GBX 1.50 and last traded at GBX 1.32. Approximately 21,230,473 shares changed hands during trading, an increase of 775% from the average daily volume of 2,427,531 shares. The stock had previously closed at GBX 1.07.
Sunda Energy Stock Up 22.8%
The firm has a market cap of £5.87 million, a P/E ratio of -1.32 and a beta of 0.38. The business’s 50 day moving average is GBX 1.46 and its 200-day moving average is GBX 2.41.
Sunda Energy (LON:SNDA – Get Free Report) last posted its quarterly earnings data 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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