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

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

Southern Energy Stock Performance

The business has a fifty day moving average price of C$0.13 and a two-hundred day moving average price of C$0.13. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The firm has a market capitalization of C$18.32 million, a PE ratio of -0.26 and a beta of 1.17.

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.

Featured Articles

Receive News & Ratings for Southern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Energy and related companies with MarketBeat.com's FREE daily email newsletter.