Southern Energy (CVE:SOU) Shares Down 3.4% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price traded down 3.4% during trading on Thursday . The stock traded as low as C$0.14 and last traded at C$0.14. 309,510 shares traded hands during trading, an increase of 126% from the average session volume of 137,206 shares. The stock had previously closed at C$0.15.

Southern Energy Price Performance

The company’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.14. The company has a market cap of C$20.81 million, a price-to-earnings ratio of -0.29 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

Southern Energy Company Profile

(Get Free Report)

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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