Southern Energy (LON:SOUC) Sets New 1-Year Low – Here’s Why

Southern Energy Corp. (LON:SOUCGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 3.95 ($0.05) and last traded at GBX 3.99 ($0.05), with a volume of 465000 shares. The stock had previously closed at GBX 4.25 ($0.06).

Southern Energy Stock Down 1.3 %

The company has a debt-to-equity ratio of 17.43, a current ratio of 0.22 and a quick ratio of 2.59. The company has a market capitalization of £8.27 million, a price-to-earnings ratio of -0.17 and a beta of 1.17. The firm’s fifty day moving average price is GBX 6.96 and its 200-day moving average price is GBX 11.23.

Southern Energy Company Profile

(Get Free Report)

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.

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