Southern Energy (CVE:SOU) Trading Down 13.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report) was down 13.8% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 370,260 shares were traded during trading, an increase of 155% from the average daily volume of 145,098 shares. The stock had previously closed at C$0.15.

Southern Energy Price Performance

The business has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.14. The firm has a market capitalization of C$22.48 million, a price-to-earnings ratio of -0.31 and a beta of 1.17. 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

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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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