Southern Energy (CVE:SOU) Hits New 52-Week Low – Should You Sell?

Shares of Southern Energy Corp. (CVE:SOUGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 189406 shares. The stock had previously closed at C$0.14.

Southern Energy Stock Down 7.1 %

The firm’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.18. 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 firm has a market cap of C$21.65 million, a PE ratio of -0.33 and a beta of 1.17.

Southern Energy (CVE:SOUGet Free Report) last released its quarterly earnings data on Tuesday, August 20th. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$4.24 million for the quarter. As a group, equities research analysts expect that Southern Energy Corp. will post 0.0782123 EPS for the current fiscal year.

Southern Energy Company Profile

(Get Free Report)

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.

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