Southern Energy (CVE:SOU) Hits New 52-Week Low – Time to Sell?

Southern Energy Corp. (CVE:SOUGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.11, with a volume of 82420 shares. The stock had previously closed at C$0.11.

Southern Energy Price Performance

The firm has a market capitalization of C$18.32 million, a PE ratio of -0.26 and a beta of 1.17. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The company has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.17.

Southern Energy (CVE:SOUGet Free Report) last issued its quarterly earnings data on Tuesday, August 20th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$4.24 million during the quarter. Sell-side analysts forecast that Southern Energy Corp. will post 0.0782123 earnings per share for the current year.

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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