Southern Energy Corp. (LON:SOUC – Get Free Report) shares traded up 6.7% on Tuesday . The stock traded as high as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). 69,660 shares traded hands during trading, an increase of 92% from the average session volume of 36,222 shares. The stock had previously closed at GBX 7.50 ($0.09).
Southern Energy Trading Up 6.7 %
The company has a fifty day moving average of GBX 7.10 and a 200-day moving average of GBX 11.80. The company has a market capitalization of £16.96 million, a price-to-earnings ratio of -0.35 and a beta of 1.17. The company has a current ratio of 0.22, a quick ratio of 2.59 and a debt-to-equity ratio of 17.43.
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.
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