Southern Energy (CVE:SOU) Trading Down 13.8% – Time to Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price fell 13.8% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 370,260 shares changed hands during trading, an increase of 155% from the average session volume of 145,098 shares. The stock had previously closed at C$0.15.

Southern Energy Stock Performance

The firm has a market cap of C$23.31 million, a price-to-earnings ratio of -0.33 and a beta of 1.17. The stock has a 50-day moving average of C$0.12 and a 200-day moving average of C$0.14. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

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.

Further Reading

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