Southern Energy (LON:SOUC) Trading Down 11.9% – What’s Next?

Southern Energy Corp. (LON:SOUC) fell 11.9% on Thursday . The company traded as low as GBX 3.50 and last traded at GBX 3.53. 32,981 shares were traded during trading, a decline of 47% from the average session volume of 62,191 shares. The stock had previously closed at GBX 4.

Southern Energy Stock Performance

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 50-day moving average price of GBX 4.33 and a 200-day moving average price of GBX 3.64. The company has a market capitalization of £11.77 million, a price-to-earnings ratio of -1.17 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.