Southern Energy Corp. (LON:SOUC – Get Free Report) hit a new 52-week low on Friday. The stock traded as low as GBX 3 and last traded at GBX 3, with a volume of 14,819 shares. The stock had previously closed at GBX 3.50.
Southern Energy Trading Down 14.3%
The company’s fifty day moving average is GBX 3.40 and its two-hundred day moving average is GBX 3.76. The company has a quick ratio of 2.59, a current ratio of 0.77 and a debt-to-equity ratio of 103.09. The stock has a market cap of £10.99 million, a price-to-earnings ratio of -1.50 and a beta of 0.06.
Southern Energy Company Profile
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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