Southern Energy (LON:SOUC) Reaches New 1-Year Low – What’s Next?

Southern Energy Corp. (LON:SOUCGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 3.51 ($0.05) and last traded at GBX 3.51 ($0.05), with a volume of 130000 shares. The stock had previously closed at GBX 3.85 ($0.05).

Southern Energy Price Performance

The company has a debt-to-equity ratio of 17.43, a quick ratio of 2.59 and a current ratio of 0.22. The company’s fifty day moving average price is GBX 6.11 and its 200 day moving average price is GBX 10.91. The firm has a market capitalization of £8.06 million, a price-to-earnings ratio of -0.17 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

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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