Southern Energy (LON:SOUC) Shares Down 2.6% – Should You Sell?

Southern Energy Corp. (LON:SOUCGet Free Report)’s share price dropped 2.6% during trading on Wednesday . The stock traded as low as GBX 8.35 ($0.10) and last traded at GBX 8.53 ($0.11). Approximately 112,084 shares were traded during mid-day trading, an increase of 216% from the average daily volume of 35,474 shares. The stock had previously closed at GBX 8.75 ($0.11).

Southern Energy Trading Down 2.2 %

The firm has a market cap of £14.25 million, a PE ratio of -34.24 and a beta of 1.17. 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 50-day simple moving average of GBX 6.34 and a 200 day simple moving average of GBX 12.02.

Southern Energy Company Profile

(Get Free Report)

Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.

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