Southern Energy (CVE:SOU) Trading Down 13.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price traded down 13.8% during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 370,260 shares were traded during mid-day trading, an increase of 155% from the average session volume of 145,098 shares. The stock had previously closed at C$0.15.

Southern Energy Stock Down 3.6 %

The stock has a market cap of C$22.48 million, a price-to-earnings ratio of -0.31 and a beta of 1.17. The firm’s fifty day moving average price is C$0.12 and its two-hundred day moving average price is C$0.14. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59.

Southern Energy Company Profile

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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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