Southern Energy (CVE:SOU) Trading Down 6.3% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price traded down 6.3% on Friday . The company traded as low as C$0.15 and last traded at C$0.15. 172,200 shares were traded during mid-day trading, an increase of 25% from the average session volume of 138,265 shares. The stock had previously closed at C$0.16.

Southern Energy Price Performance

The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The firm’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.14. The stock has a market capitalization of C$25.81 million, a PE ratio of -0.36 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

Southern Energy Corp. operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, Mississippi. The company was formerly known as Standard Exploration Ltd.

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