Southern Energy (LON:SOUC) Shares Down 1.2% – What’s Next?

Southern Energy Corp. (LON:SOUC)’s stock price was down 1.2% during mid-day trading on Thursday . The stock traded as low as GBX 3.60 and last traded at GBX 4. Approximately 116,784 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 74,366 shares. The stock had previously closed at GBX 4.05.

Southern Energy Trading Down 13.6%

The company has a current ratio of 0.22, a quick ratio of 2.59 and a debt-to-equity ratio of 17.43. The firm has a market capitalization of £11.77 million, a P/E ratio of -1.17 and a beta of 1.17. The business has a 50 day moving average of GBX 4.34 and a 200-day moving average of GBX 3.67.

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.