Sound Energy plc (LON:SOU – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.65 ($0.01) and last traded at GBX 0.68 ($0.01), with a volume of 571233 shares changing hands. The stock had previously closed at GBX 0.70 ($0.01).
Sound Energy Price Performance
The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 182.23. The company has a market capitalization of £14.04 million, a P/E ratio of -0.09 and a beta of 1.83. The company’s 50-day simple moving average is GBX 0.75 and its 200 day simple moving average is GBX 0.79.
About Sound Energy
Sound Energy is developing Phase 1 of its operations in the Tendrara production concession, a Micro LNG facility to supply gas to Moroccan industry.
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