Southern Energy (CVE:SOU) Sets New 1-Year Low – Time to Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 116500 shares traded. The stock had previously closed at C$0.10.

Southern Energy Price Performance

The stock has a market cap of C$15.82 million, a P/E ratio of -0.22 and a beta of 1.17. 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 business’s 50-day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.17.

Southern Energy (CVE:SOUGet Free Report) last posted its earnings results on Tuesday, August 20th. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$4.24 million for the quarter. Sell-side analysts expect that Southern Energy Corp. will post 0.0782123 EPS for the current year.

About Southern Energy

(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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