Southern Energy (LON:SOUC) Trading 17.6% Higher – What’s Next?

Southern Energy Corp. (LON:SOUC)’s share price traded up 17.6% during trading on Monday . The company traded as high as GBX 6 and last traded at GBX 5. 566,911 shares changed hands during trading, an increase of 489% from the average session volume of 96,173 shares. The stock had previously closed at GBX 4.25.

Southern Energy Price Performance

The company has a debt-to-equity ratio of 79.93, a quick ratio of 2.59 and a current ratio of 0.25. The firm has a fifty day simple moving average of GBX 4.11 and a two-hundred day simple moving average of GBX 3.71. The firm has a market cap of £18.31 million, a PE ratio of -1.67 and a beta of 1.17.

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.