Southern Energy (LON:SOUC) Hits New 52-Week Low – Time to Sell?

Southern Energy Corp. (LON:SOUC) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 3.44 ($0.04) and last traded at GBX 3.50 ($0.04), with a volume of 59492 shares traded. The stock had previously closed at GBX 3.65 ($0.05).

Southern Energy Stock Down 4.1 %

The stock has a market capitalization of £7.42 million, a price-to-earnings ratio of -0.15 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.22 and a debt-to-equity ratio of 17.43. The stock has a 50 day moving average price of GBX 5.82 and a 200 day moving average price of GBX 10.82.

Southern Energy Company Profile

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.