Southern Energy (LON:SOUC) Trading Down 6.8%

Southern Energy Corp. (LON:SOUC)’s share price dropped 6.8% on Wednesday . The stock traded as low as GBX 10.03 ($0.13) and last traded at GBX 10.25 ($0.13). Approximately 65,164 shares changed hands during trading, a decline of 28% from the average daily volume of 90,294 shares. The stock had previously closed at GBX 11 ($0.14).

Southern Energy Stock Down 6.8 %

The firm has a market capitalization of £16.99 million, a PE ratio of -39.42 and a beta of 1.19. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 79.94. The business has a 50-day moving average price of GBX 11.55 and a 200-day moving average price of GBX 11.13.

Southern Energy Company Profile

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.