Southern Energy (LON:SOUC) Stock Price Down 6.7% – Time to Sell?

Southern Energy Corp. (LON:SOUC)’s stock price traded down 6.7% on Thursday . The company traded as low as GBX 3.50 and last traded at GBX 3.50. 510 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 167,910 shares. The stock had previously closed at GBX 3.75.

Southern Energy Stock Performance

The company has a current ratio of 0.75, a quick ratio of 2.59 and a debt-to-equity ratio of 100.10. The stock has a market cap of £12.82 million, a PE ratio of -3.50 and a beta of 0.06. The business’s 50-day moving average price is GBX 3.62 and its 200-day moving average price is GBX 3.90.

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.