Shares of Sound Energy plc (LON:SOU – Get Free Report) fell 0.3% during trading on Monday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). 420,013 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 3,491,301 shares. The stock had previously closed at GBX 0.80 ($0.01).
Sound Energy Price Performance
The firm has a market cap of £15.30 million, a price-to-earnings ratio of -80.00 and a beta of 1.83. The business’s 50-day simple moving average is GBX 0.90 and its two-hundred day simple moving average is GBX 0.92. The company has a current ratio of 2.20, a quick ratio of 2.08 and a debt-to-equity ratio of 20.04.
Sound Energy Company Profile
Sound Energy plc, through its subsidiaries, engages in the exploration, appraisal, and development of gas assets in Morocco. It operates through exploration and appraisal; and development and production segments. The company holds 75% interests in the Greater Tendrara project that covers an area of approximately 14,411 square kilometers; the Tendrara project, which covers an area of approximately 133.5 square kilometers; and the Anoual project covering an area of approximately 8,873 square kilometers located in Eastern Morocco, as well as the Sidi Mokhtar project that covers an area of approximately 4,712 square kilometers.
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