Southern Energy (LON:SOUC) Hits New 12-Month Low – What’s Next?

Southern Energy Corp. (LON:SOUC) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04), with a volume of 9462 shares changing hands. The stock had previously closed at GBX 3.30 ($0.04).

Southern Energy Price Performance

The company has a current ratio of 0.22, a quick ratio of 2.59 and a debt-to-equity ratio of 17.43. The firm has a market cap of £6.36 million, a P/E ratio of -0.13 and a beta of 1.17. The firm has a 50-day simple moving average of GBX 3.50 and a 200-day simple moving average of GBX 9.71.

Southern Energy Company Profile

Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.