Southern Energy Corp. (LON:SOUC – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as GBX 3 and last traded at GBX 3, with a volume of 6396 shares changing hands. The stock had previously closed at GBX 3.70.
Southern Energy Stock Down 18.9%
The company has a current ratio of 0.77, a quick ratio of 2.59 and a debt-to-equity ratio of 103.09. The firm has a market capitalization of £10.99 million, a P/E ratio of -1.50 and a beta of 0.06. The company’s fifty day simple moving average is GBX 3.49 and its 200 day simple moving average is GBX 3.70.
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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