Southern Energy (LON:SOUC) Trading Down 18.9% – What’s Next?

Southern Energy Corp. (LON:SOUC) traded down 18.9% on Thursday . The company traded as low as GBX 3.50 and last traded at GBX 3.65. 102,281 shares were traded during trading, a decline of 1% from the average session volume of 103,684 shares. The stock had previously closed at GBX 4.50.

Southern Energy Stock Performance

The company has a market cap of £14.65 million, a P/E ratio of -1.33 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.13 and a debt-to-equity ratio of 123.02. The stock has a 50 day moving average price of GBX 4.11 and a two-hundred day moving average price of GBX 4.05.

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.