Southern Energy Corp. (LON:SOUC – Get Free Report) shares were down 2.6% during mid-day trading on Wednesday . The stock traded as low as GBX 8.35 ($0.10) and last traded at GBX 8.53 ($0.11). Approximately 112,084 shares traded hands during trading, an increase of 216% from the average daily volume of 35,474 shares. The stock had previously closed at GBX 8.75 ($0.11).
Southern Energy Trading Down 2.2 %
The stock has a 50-day moving average of GBX 6.34 and a 200 day moving average of GBX 12.02. The stock has a market cap of £14.25 million, a PE ratio of -34.24 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68.
About Southern Energy
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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