Southern Energy (LON:SOUC) Trading 1.1% Higher – Still a Buy?

Southern Energy Corp. (LON:SOUCGet Free Report)’s stock price was up 1.1% during mid-day trading on Thursday . The company traded as high as GBX 3.79 and last traded at GBX 3.79. Approximately 9,078 shares changed hands during trading, a decline of 95% from the average daily volume of 177,054 shares. The stock had previously closed at GBX 3.75.

Southern Energy Stock Performance

The company has a quick ratio of 2.59, a current ratio of 0.22 and a debt-to-equity ratio of 17.43. The stock has a market capitalization of £12.61 million, a P/E ratio of -0.75 and a beta of 1.17. The firm’s 50-day simple moving average is GBX 3.24 and its 200 day simple moving average is GBX 3.19.

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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