Southern Energy (CVE:SOU) Shares Down 15.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price traded down 15.8% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.

Southern Energy Trading Down 15.8 %

The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is C$0.13. The company has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17.

About Southern Energy

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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.

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