Southern Energy (CVE:SOU) Shares Down 15.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report) was down 15.8% on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares were traded during trading, an increase of 265% from the average daily volume of 156,697 shares. The stock had previously closed at C$0.10.

Southern Energy Trading Down 15.8 %

The firm has a market cap of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17. The company has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.13. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.

Southern Energy Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Southern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Energy and related companies with MarketBeat.com's FREE daily email newsletter.