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

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price traded down 15.8% during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. 571,250 shares traded hands during trading, an increase of 265% from the average session volume of 156,697 shares. The stock had previously closed at C$0.10.

Southern Energy Trading Down 15.8 %

The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The company’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.13. The company has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17.

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.

Further Reading

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.