Sound Energy (LON:SOU) Announces Quarterly Earnings Results

Sound Energy (LON:SOU) released its earnings results on Friday. The company reported GBX (0.03) ($0.00) EPS for the quarter, Digital Look Earnings reports.

SOU stock traded up GBX 0.09 ($0.00) during midday trading on Friday, hitting GBX 1.66 ($0.02). The stock had a trading volume of 1,614,983 shares, compared to its average volume of 6,219,708. The firm has a market cap of $21.96 million and a PE ratio of -1.10. The company has a debt-to-equity ratio of 13.22, a current ratio of 2.72 and a quick ratio of 2.32. Sound Energy has a 12-month low of GBX 0.74 ($0.01) and a 12-month high of GBX 9.09 ($0.12). The company’s 50-day moving average price is GBX 2.05 and its 200 day moving average price is GBX 1.65.

Sound Energy Company Profile

Sound Energy plc, through its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets. The company holds 47.5% interest in the Tendrara license covering an area of 9,336 square kilometers; Anoual license, which covers an area of 8,873 square kilometers; and Matarka license that covers an area of 5,223 square kilometers located in Eastern Morocco.

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