Southern Energy Corp. (LON:SOUC – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 3.80 ($0.05) and last traded at GBX 3.95 ($0.05), with a volume of 22000 shares changing hands. The stock had previously closed at GBX 4.15 ($0.05).
Southern Energy Stock Performance
The stock has a market cap of £8.37 million, a price-to-earnings ratio of -0.17 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.22 and a debt-to-equity ratio of 17.43. The company’s 50-day simple moving average is GBX 6.74 and its 200-day simple moving average is GBX 11.13.
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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