Marco Fumagalli Purchases 200,000 Shares of Sound Energy PLC (SOU) Stock

Sound Energy PLC (LON:SOU) insider Marco Fumagalli purchased 200,000 shares of Sound Energy PLC stock in a transaction on Thursday, July 6th. The stock was bought at an average price of GBX 50 ($0.65) per share, with a total value of £100,000 ($129,533.68).

Shares of Sound Energy PLC (LON SOU) opened at 49.75 on Monday. Sound Energy PLC has a 12 month low of GBX 23.00 and a 12 month high of GBX 102.00. The stock’s market cap is GBX 330.87 million. The firm has a 50-day moving average price of GBX 71.56 and a 200-day moving average price of GBX 75.97.

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Separately, FinnCap restated a “hold” rating on shares of Sound Energy PLC in a research report on Wednesday, June 14th.

Sound Energy PLC Company Profile

Sound Energy plc is a Mediterranean upstream company. The principal activity of the Company and its subsidiaries is the exploration, appraisal and development to production as an operator in the oil and gas industry. Its principal activity is in Italy and Morocco. It operates through three segments: corporate; exploration and appraisal, and development and production.

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