Sound Energy (LON:SOU) Posts Earnings Results

Sound Energy (LON:SOU) announced its quarterly earnings data on Thursday. The company reported GBX (6.28) (($0.08)) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Sound Energy Stock Performance

Shares of SOU opened at GBX 0.60 ($0.01) on Thursday. The firm has a market cap of £12.48 million, a PE ratio of -0.08 and a beta of 1.83. Sound Energy has a 12-month low of GBX 0.60 ($0.01) and a 12-month high of GBX 1.30 ($0.02). The company’s 50 day simple moving average is GBX 0.72 and its 200-day simple moving average is GBX 0.78. The company has a current ratio of 0.60, a quick ratio of 2.08 and a debt-to-equity ratio of 182.23.

About Sound Energy

Sound Energy is an upstream gas company with assets in Morocco, listed on the AIM market of the London Stock Exchange. Sound energy is focussed on providing lower carbon footprint fuels, powering the region’s energy transition through cash generative developments.

Sound Energy is developing Phase 1 of its operations in the Tendrara production concession, a Micro LNG facility to supply gas to Moroccan industry.