Southern Energy (LON:SOUC) Stock Price Up 6.7% – Still a Buy?

Southern Energy Corp. (LON:SOUCGet Free Report)’s share price shot up 6.7% during trading on Monday . The company traded as high as GBX 4.85 and last traded at GBX 4. 52,383 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 164,742 shares. The stock had previously closed at GBX 3.75.

Southern Energy Trading Up 6.7%

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 firm’s 50 day simple moving average is GBX 3.49 and its two-hundred day simple moving average is GBX 3.23. The stock has a market cap of £13.45 million, a P/E ratio of -1.33 and a beta of 1.17.

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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