Southern Energy (LON:SOUC) Stock Price Down 7.7% – Time to Sell?

Southern Energy Corp. (LON:SOUC) dropped 7.7% during trading on Saturday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04). Approximately 415 shares changed hands during trading, a decline of 99% from the average daily volume of 64,562 shares. The stock had previously closed at GBX 3.25 ($0.04).

Southern Energy Stock Performance

The stock has a market cap of £6.36 million, a price-to-earnings ratio of -0.13 and a beta of 1.17. The company has a 50 day simple moving average of GBX 3.14 and a 200 day simple moving average of GBX 4.12. 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

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.