Southern Energy Corp. (LON:SOUC – Get Free Report) was down 9.4% on Friday . The stock traded as low as GBX 3.17 and last traded at GBX 3.17. Approximately 43,478 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 168,205 shares. The stock had previously closed at GBX 3.50.
Southern Energy Trading Down 9.4%
The firm has a market capitalization of £10.66 million, a price-to-earnings ratio of -0.63 and a beta of 1.17. The business has a 50-day moving average of GBX 3.44 and a two-hundred day moving average of GBX 3.22. 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.
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