Southern Energy (LON:SOUC) Reaches New 52-Week Low – Here’s What Happened

Southern Energy Corp. (LON:SOUCGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 7.21 ($0.09) and last traded at GBX 8 ($0.10), with a volume of 1343 shares traded. The stock had previously closed at GBX 7.75 ($0.10).

Southern Energy Price Performance

The business has a 50-day moving average price of GBX 8.07 and a two-hundred day moving average price of GBX 9.84. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The firm has a market cap of £11.24 million, a PE ratio of -28.00 and a beta of 1.17.

About Southern Energy

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Southern Energy Corp., together with its subsidiaries, operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets comprising Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, covering an area of approximately 38,000 acres located in Mississippi.

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