Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) dropped 12% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 132,751 shares traded hands during trading, a decline of 18% from the average daily volume of 162,298 shares. The stock had previously closed at C$0.13.
Sonoro Energy Stock Down 8.0 %
The firm has a market capitalization of C$22.37 million, a PE ratio of 6.25 and a beta of -6.65. The stock’s fifty day simple moving average is C$0.12 and its 200 day simple moving average is C$0.14.
About Sonoro Energy
Sonoro Energy Ltd. explores for, appraises, develops, and produces oil and gas resources in Southeast Asia. The company holds a 25% interest in the Selat Panjang Production Sharing Contract covering an area of approximately 940 square kilometers located in Riau province, Central Sumatra. The company was formerly known as Sonic Technology Solutions Inc and changed its name to Sonoro Energy Ltd.
Featured Articles
- Five stocks we like better than Sonoro Energy
- How to Most Effectively Use the MarketBeat Earnings Screener
- 3 Value Stocks Too Small For Buffett’s Portfolio
- Overbought Stocks Explained: Should You Trade Them?
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Disney Stock Catches 3 Upgrades In a Single Week
Receive News & Ratings for Sonoro Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoro Energy and related companies with MarketBeat.com's FREE daily email newsletter.
