Sunda Energy Plc (LON:SNDA – Get Free Report)’s share price shot up 22.8% during mid-day trading on Wednesday . The stock traded as high as GBX 1.50 and last traded at GBX 1.32. 21,230,473 shares changed hands during trading, an increase of 775% from the average session volume of 2,427,531 shares. The stock had previously closed at GBX 1.07.
Sunda Energy Trading Up 22.8%
The business’s 50-day simple moving average is GBX 1.46 and its two-hundred day simple moving average is GBX 2.41. The company has a market capitalization of £5.87 million, a PE ratio of -1.32 and a beta of 0.38.
Sunda Energy (LON:SNDA – Get Free Report) last announced its earnings results on Monday, June 1st. The company reported GBX (1) earnings per share 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).
See Also
- Five stocks we like better than Sunda Energy
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
- Meta’s AI Spending Problem Just Found a BlackRock Solution
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.
