Southern Energy (LON:SOUC) Hits New 12-Month Low – What’s Next?

Southern Energy Corp. (LON:SOUC – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 3 and last traded at GBX 3.10, with a volume of 535,875 shares changing hands. The stock had previously closed at GBX 3.70.

Southern Energy Stock Performance

The firm has a fifty day simple moving average of GBX 3.48 and a 200 day simple moving average of GBX 3.65. The company has a current ratio of 0.77, a quick ratio of 2.59 and a debt-to-equity ratio of 103.09. The stock has a market cap of £11.35 million, a price-to-earnings ratio of -1.55 and a beta of 0.06.

About Southern Energy

(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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