Southern Energy (CVE:SOU) Sets New 52-Week Low – What’s Next?

Southern Energy Corp. (CVE:SOU) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 116500 shares traded. The stock had previously closed at C$0.10.

Southern Energy Price Performance

The firm’s 50-day moving average is C$0.13 and its 200-day moving average is C$0.17. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The company has a market capitalization of C$15.82 million, a PE ratio of -0.22 and a beta of 1.17.

Southern Energy (CVE:SOU) last announced its quarterly earnings data on Tuesday, August 20th. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$4.24 million during the quarter. Equities analysts predict that Southern Energy Corp. will post 0.0782123 earnings per share for the current fiscal year.

Southern Energy Company Profile

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.