Southern Energy (LON:SOUC) Shares Down 2.2% – Time to Sell?

Shares of Southern Energy Corp. (LON:SOUCGet Free Report) were down 2.2% during mid-day trading on Thursday . The company traded as low as GBX 5.25 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 1,600 shares changed hands during trading, a decline of 99% from the average daily volume of 149,908 shares. The stock had previously closed at GBX 5.63 ($0.07).

Southern Energy Stock Performance

The stock’s 50-day moving average is GBX 18.68 and its 200-day moving average is GBX 12.93. The firm has a market capitalization of £9.16 million, a price-to-earnings ratio of -22.00 and a beta of 1.17. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.

Southern Energy Company Profile

(Get Free Report)

Southern Energy Corp., together with its subsidiaries, operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets comprising Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, covering an area of approximately 38,000 acres located in Mississippi.

Further Reading

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