Southern Energy (CVE:SOU) Trading Down 15.8% – Here’s What Happened

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price traded down 15.8% 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 quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock has a market cap of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The business’s 50-day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.13.

Southern Energy Company Profile

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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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