Southern Energy (LON:SOUC) Shares Up 1.1% – Time to Buy?

Southern Energy Corp. (LON:SOUCGet Free Report) shares shot up 1.1% on Thursday . The company traded as high as GBX 3.79 and last traded at GBX 3.79. 9,078 shares were traded during trading, a decline of 95% from the average session volume of 177,054 shares. The stock had previously closed at GBX 3.75.

Southern Energy Stock Up 1.1%

The company has a debt-to-equity ratio of 17.43, a current ratio of 0.22 and a quick ratio of 2.59. The company has a 50-day moving average price of GBX 3.23 and a 200 day moving average price of GBX 3.19. The firm has a market capitalization of £12.74 million, a PE ratio of -0.76 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

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.

Recommended Stories

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.