Sound Oil plc (SOU) Earns Buy Rating from FinnCap
Sound Oil plc (LON:SOU)‘s stock had its “buy” rating restated by research analysts at FinnCap in a research report issued to clients and investors on Friday.
Shares of Sound Oil plc (LON:SOU) traded down 1.69% during trading on Friday, reaching GBX 87.50. 13,182,263 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of GBX 78.23 and a 200-day moving average price of GBX 38.14. The stock’s market capitalization is GBX 445.56 million. Sound Oil plc has a 52 week low of GBX 12.50 and a 52 week high of GBX 102.00.
In other news, insider Whyte ,Stephen acquired 24,171 shares of the business’s stock in a transaction on Monday, August 8th. The stock was bought at an average price of GBX 62 ($0.81) per share, for a total transaction of £14,986.02 ($19,561.44).
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Sound Oil plc Company Profile
Sound Energy plc, formerly Sound Oil plc, is a Mediterranean oil and gas exploration and production company. The Company is focused on its onshore gas portfolio in Italy. The Company’s segments include Corporate, Exploration and Appraisal, and Development and Production. It has interests in approximately 18 licenses in Italy, including over three production concessions, over seven permits and over eight exclusive permit applications.
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