Southern Energy (CVE:SOU) Stock Price Down 15.8% – Should You Sell?

Shares of Southern Energy Corp. (CVE:SOUGet Free Report) dropped 15.8% on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares traded hands during trading, an increase of 256% from the average daily volume of 160,260 shares. The stock had previously closed at C$0.10.

Southern Energy Price Performance

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$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The firm has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.13.

Southern Energy Company Profile

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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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