Southern Energy (CVE:SOU) Stock Price Down 15.4% – What’s Next?

Southern Energy Corp. (CVE:SOUGet Free Report) was down 15.4% on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 313,500 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 175,633 shares. The stock had previously closed at C$0.13.

Southern Energy Trading Down 15.4 %

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 company has a market capitalization of C$18.32 million, a P/E ratio of -0.26 and a beta of 1.17. The firm has a fifty day moving average price of C$0.13 and a 200-day moving average price of 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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