Southern Energy (LON:SOUC) Hits New 52-Week Low – Here’s What Happened

Southern Energy Corp. (LON:SOUCGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 3.51 ($0.05) and last traded at GBX 3.51 ($0.05), with a volume of 130000 shares. The stock had previously closed at GBX 3.85 ($0.05).

Southern Energy Trading Up 1.3 %

The company has a market capitalization of £8.06 million, a PE ratio of -0.17 and a beta of 1.17. The company has a current ratio of 0.22, a quick ratio of 2.59 and a debt-to-equity ratio of 17.43. The business’s 50-day simple moving average is GBX 6.11 and its two-hundred day simple moving average is GBX 10.91.

About Southern Energy

(Get Free Report)

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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