Southern Energy (CVE:SOU) Shares Down 3.4% – What’s Next?

Shares of Southern Energy Corp. (CVE:SOU) 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 Stock Down 13.8 %

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 stock has a market capitalization of C$20.81 million, a price-to-earnings ratio of -0.29 and a beta of 1.17. The firm’s fifty day simple moving average is C$0.12 and its 200 day simple moving average is C$0.14.

About Southern Energy

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.