Southern Energy (CVE:SOU) Stock Price Down 13.8% – Time to Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price was down 13.8% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 370,260 shares changed hands during mid-day 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 Stock Performance

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 stock has a market cap of C$22.48 million, a P/E ratio of -0.31 and a beta of 1.17. The stock has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.14.

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.

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