Sound Energy (LON:SOU) Releases Earnings Results

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

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

About Sound Energy

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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