Southern Energy (CVE:SOU) Stock Price Down 13.6% – What’s Next?

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price traded down 13.6% during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. 140,604 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 170,638 shares. The stock had previously closed at C$0.11.

Southern Energy Trading Up 5.0 %

The firm’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.13. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The company has a market capitalization of C$17.48 million, a PE ratio of -0.24 and a beta of 1.17.

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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