Southern Energy (CVE:SOU) Trading Down 18.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price fell 18.8% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares were traded during mid-day trading, an increase of 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.

Southern Energy Trading Down 18.8 %

The firm’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.12. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The firm has a market capitalization of C$10.82 million, a price-to-earnings ratio of -0.15 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Southern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Energy and related companies with MarketBeat.com's FREE daily email newsletter.