Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) dropped 11.1% during mid-day trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 874,336 shares traded hands during mid-day trading, an increase of 152% from the average daily volume of 347,401 shares. The stock had previously closed at C$0.09.
Southern Energy Stock Performance
The stock has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The firm has a market capitalization of C$28.58 million, a price-to-earnings ratio of -2.83 and a beta of -0.12.
Southern Energy Company Profile
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.
Further Reading
- Five stocks we like better than Southern Energy
- High Flyers: 3 Natural Gas Stocks for March 2022
- Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars
- Using the MarketBeat Stock Split Calculator
- The Quantum Fleet: Investing in the New Quantum Standard
- Retail Stocks Investing, Explained
- AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week
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.
