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

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

Southern Energy Stock Performance

The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The company has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17. The company has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of 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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