Southern Energy (LON:SOUC) Sets New 12-Month Low – What’s Next?

Southern Energy Corp. (LON:SOUCGet Free Report)’s share price hit a new 52-week low during trading 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 changing hands. The stock had previously closed at GBX 4.25 ($0.06).

Southern Energy Stock Down 6.1 %

The business’s fifty day moving average is GBX 7.10 and its two-hundred day moving average is GBX 11.29. The stock has a market cap of £8.46 million, a price-to-earnings ratio of -0.18 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.22 and a debt-to-equity ratio of 17.43.

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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