Shares of Southern Energy Corp. (LON:SOUC – Get Free Report) were up 6.7% during trading on Tuesday . The stock traded as high as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). Approximately 69,660 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 36,222 shares. The stock had previously closed at GBX 7.50 ($0.09).
Southern Energy Trading Up 6.7 %
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 stock has a market cap of £16.96 million, a PE ratio of -0.35 and a beta of 1.17. The company’s fifty day moving average is GBX 7.10 and its 200-day moving average is GBX 11.80.
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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