Southern Energy (LON:SOUC) Stock Price Down 5.9% – Time to Sell?

Southern Energy Corp. (LON:SOUC) shares fell 5.9% during trading on Thursday . The company traded as low as GBX 4 and last traded at GBX 4. 27,500 shares were traded during mid-day trading, a decline of 76% from the average session volume of 112,960 shares. The stock had previously closed at GBX 4.25.

Southern Energy Stock Down 5.9%

The firm has a 50-day moving average of GBX 4.18 and a two-hundred day moving average of GBX 3.91. The company has a quick ratio of 2.59, a current ratio of 0.25 and a debt-to-equity ratio of 79.93. The company has a market capitalization of £14.65 million, a PE ratio of -1.33 and a beta of 1.17.

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.