Southern Energy (LON:SOUC) Trading Up 7.7% – Should You Buy?

Southern Energy Corp. (LON:SOUCGet Free Report) shares traded up 7.7% during trading on Saturday . The stock traded as high as GBX 3.50 and last traded at GBX 3.50. 151,399 shares traded hands during mid-day trading, an increase of 90% from the average session volume of 79,701 shares. The stock had previously closed at GBX 3.25.

Southern Energy Stock Performance

The stock has a 50-day moving average of GBX 4.16 and a 200 day moving average of GBX 3.68. The firm has a market capitalization of £11.77 million, a P/E ratio of -1.17 and a beta of 1.17. The company has a debt-to-equity ratio of 17.43, a quick ratio of 2.59 and a current ratio of 0.22.

About Southern Energy

(Get Free Report)

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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