Shares of Southern Energy Corp. (LON:SOUC – Get Free Report) dropped 14.3% on Thursday . The company traded as low as GBX 3 and last traded at GBX 3. Approximately 4,545 shares changed hands during trading, a decline of 97% from the average daily volume of 153,106 shares. The stock had previously closed at GBX 3.50.
Southern Energy Stock Performance
The company has a current ratio of 0.77, a quick ratio of 2.59 and a debt-to-equity ratio of 103.09. The stock has a market capitalization of £10.99 million, a PE ratio of -3.00 and a beta of 0.06. The business’s 50 day moving average is GBX 3.60 and its 200 day moving average is GBX 3.82.
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.
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