Southern Energy (CVE:SOU) Reaches New 52-Week Low – Here’s Why

Southern Energy Corp. (CVE:SOUGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 189406 shares. The stock had previously closed at C$0.14.

Southern Energy Stock Performance

The company has a market capitalization of C$23.31 million, a P/E ratio of -0.33 and a beta of 1.17. 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’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.18.

Southern Energy (CVE:SOUGet Free Report) last announced its earnings results on Tuesday, August 20th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$4.24 million for the quarter. As a group, research analysts expect that Southern Energy Corp. will post 0.0782123 earnings per share 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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