FinnCap Reaffirms “Buy” Rating for Sound Oil plc (SOU)

FinnCap restated their buy rating on shares of Sound Oil plc (LON:SOU) in a research report report published on Friday.

Shares of Sound Oil plc (LON:SOU) opened at 84.40 on Friday. The firm’s market capitalization is GBX 429.77 million. The company’s 50-day moving average price is GBX 80.28 and its 200-day moving average price is GBX 39.24. Sound Oil plc has a 52-week low of GBX 12.50 and a 52-week high of GBX 102.00.

In other Sound Oil plc news, insider Whyte ,Stephen purchased 24,171 shares of the company’s stock in a transaction dated Monday, August 8th. The stock was purchased at an average price of GBX 62 ($0.77) per share, with a total value of £14,986.02 ($18,547.05).

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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