Southern Energy (CVE:SOU) Stock Price Down 15.8% – Should You Sell?

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 traded hands 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 Down 15.8 %

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

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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