Southern Energy (LON:SOUC) Trading Down 6.7% – Time to Sell?

Shares of Southern Energy Corp. (LON:SOUCGet Free Report) fell 6.7% during trading on Wednesday . The stock traded as low as GBX 3.50 and last traded at GBX 3.50. 15,159 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 181,240 shares. The stock had previously closed at GBX 3.75.

Southern Energy Price Performance

The company has a debt-to-equity ratio of 100.10, a quick ratio of 2.59 and a current ratio of 0.75. The company has a market capitalization of £12.82 million, a PE ratio of -3.50 and a beta of 0.06. The company’s 50-day simple moving average is GBX 3.71 and its 200-day simple moving average is GBX 3.99.

About Southern Energy

(Get Free Report)

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.

Read More

Receive News & Ratings for Southern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Energy and related companies with MarketBeat.com's FREE daily email newsletter.