Southern Energy (CVE:SOU) Trading Down 15.8% – What’s Next?

Southern Energy Corp. (CVE:SOUGet Free Report) traded down 15.8% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.

Southern Energy Price Performance

The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The company has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The business’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.13.

Southern Energy Company Profile

(Get Free Report)

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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