Sound Energy plc (LON:SOU – Get Free Report) was up 19.3% during mid-day trading on Thursday . The company traded as high as GBX 0.75 ($0.01) and last traded at GBX 0.72 ($0.01). Approximately 1,637,949 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 2,090,885 shares. The stock had previously closed at GBX 0.60 ($0.01).
Sound Energy Stock Performance
The company has a market capitalization of £14.90 million, a price-to-earnings ratio of -0.10 and a beta of 1.83. The stock has a 50 day simple moving average of GBX 0.75 and a 200 day simple moving average of GBX 0.79. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 182.23.
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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