Shares of Southern Energy Corp. (LON:SOUC – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 3.79 and traded as high as GBX 3.80. Southern Energy shares last traded at GBX 3.80, with a volume of 73,368 shares trading hands.
Southern Energy Price Performance
The company has a market capitalization of £13.92 million, a P/E ratio of -1.90 and a beta of 0.06. The company has a quick ratio of 2.59, a current ratio of 0.77 and a debt-to-equity ratio of 103.09. The business has a 50 day simple moving average of GBX 3.42 and a 200-day simple moving average of GBX 3.79.
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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