Southern Energy (LON:SOUC) Trading 15.8% Higher – Should You Buy?

Southern Energy Corp. (LON:SOUCGet Free Report)’s stock price traded up 15.8% on Thursday . The company traded as high as GBX 5.85 ($0.07) and last traded at GBX 5.85 ($0.07). 300,750 shares traded hands during trading, an increase of 93% from the average session volume of 155,631 shares. The stock had previously closed at GBX 5.05 ($0.06).

Southern Energy Price Performance

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 business has a 50-day moving average price of GBX 19.43 and a two-hundred day moving average price of GBX 13.65. The company has a market capitalization of £9.99 million, a price-to-earnings ratio of -20.20 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

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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