Southern Energy (CVE:SOU) Stock Price Down 13.8% – Here’s What Happened

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price dropped 13.8% on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 370,260 shares were traded during trading, an increase of 155% from the average daily volume of 145,098 shares. The stock had previously closed at C$0.15.

Southern Energy Price Performance

The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The company has a market capitalization of C$23.31 million, a PE ratio of -0.33 and a beta of 1.17. The company’s 50-day simple moving average is C$0.12 and its 200-day simple moving average is C$0.14.

Southern Energy Company Profile

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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

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