Southern Energy (CVE:SOU) Stock Price Down 18.8% – Should You Sell?

Southern Energy Corp. (CVE:SOU)’s stock price was down 18.8% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,032,585 shares changed hands during trading, an increase of 485% from the average daily volume of 176,654 shares. The stock had previously closed at C$0.08.

Southern Energy Stock Down 18.8 %

The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The stock has a market capitalization of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17. The stock’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.12.

Southern Energy Company Profile

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.