Southern Energy (CVE:SOU) Stock Price Down 18.8% – Here’s Why

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price traded down 18.8% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares changed hands during trading, an increase of 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.

Southern Energy Trading Up 7.1 %

The company has a market capitalization of C$12.49 million, a PE ratio of -0.17 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. The business has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.12.

Southern Energy Company Profile

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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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