Southern Energy (LON:SOUC) Reaches New 1-Year Low – Here’s What Happened

Southern Energy Corp. (LON:SOUC)’s share price reached a new 52-week low on Friday. The stock traded as low as GBX 3 and last traded at GBX 3, with a volume of 3,607 shares changing hands. The stock had previously closed at GBX 3.50.

Southern Energy Price Performance

The firm’s 50-day moving average is GBX 3.42 and its 200-day moving average is GBX 3.79. The company has a market capitalization of £10.99 million, a PE ratio of -1.50 and a beta of 0.06. The company has a quick ratio of 2.59, a current ratio of 0.77 and a debt-to-equity ratio of 103.09.

About Southern Energy

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.