Southern Energy (CVE:SOU) Trading Down 13.8% – Time to Sell?

Southern Energy Corp. (CVE:SOUGet Free Report) was down 13.8% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 370,260 shares traded hands during trading, an increase of 155% from the average daily volume of 145,098 shares. The stock had previously closed at C$0.15.

Southern Energy Stock Performance

The stock has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.14. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The stock has a market cap of C$22.48 million, a price-to-earnings ratio of -0.31 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

Southern Energy Corp. operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, Mississippi. The company was formerly known as Standard Exploration Ltd.

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