Southern Energy (LON:SOUC) Trading Up 5.9% – Should You Buy?

Southern Energy Corp. (LON:SOUC)’s share price was up 5.9% on Thursday . The stock traded as high as GBX 4.50 and last traded at GBX 4.50. Approximately 22,000 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 73,315 shares. The stock had previously closed at GBX 4.25.

Southern Energy Price Performance

The firm has a fifty day moving average price of GBX 4.14 and a two-hundred day moving average price of GBX 3.54. The company has a quick ratio of 2.59, a current ratio of 0.22 and a debt-to-equity ratio of 17.43. The stock has a market capitalization of £15.13 million, a P/E ratio of -1.50 and a beta of 1.17.

Southern Energy Company Profile

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.