Southern Energy (CVE:SOU) Shares Down 3.4%

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price traded down 3.4% during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. 179,500 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 127,881 shares. The stock had previously closed at C$0.15.

Southern Energy Price Performance

The firm has a fifty day simple moving average of C$0.16 and a 200 day simple moving average of C$0.18. The company has a market capitalization of C$23.31 million, a PE ratio of -0.33 and a beta of 1.19. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

Southern Energy (CVE:SOUGet Free Report) last announced its quarterly earnings results on Tuesday, August 20th. The company reported C($0.02) EPS for the quarter. The firm had revenue of C$4.24 million during the quarter. Equities analysts anticipate that Southern Energy Corp. will post 0.0837989 EPS for the current year.

About Southern Energy

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Southern Energy Corp. operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, Mississippi. The company was formerly known as Standard Exploration Ltd.

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