Sunda Energy (LON:SNDA) Sets New 1-Year Low – What’s Next?

Shares of Sunda Energy Plc (LON:SNDAGet Free Report) reached a new 52-week low during trading on Friday . The company traded as low as GBX 2 and last traded at GBX 2.10, with a volume of 5290974 shares. The stock had previously closed at GBX 2.16.

Sunda Energy Stock Down 3.9%

The stock has a market cap of £7.16 million, a PE ratio of -2.59 and a beta of 0.38. The business’s fifty day moving average is GBX 3.09 and its 200 day moving average is GBX 2.80.

About Sunda Energy

(Get Free Report)

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).

Read More

Receive News & Ratings for Sunda Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunda Energy and related companies with MarketBeat.com's FREE daily email newsletter.