Southern Energy (LON:SOUC) Trading Up 13% – Here’s What Happened

Southern Energy Corp. (LON:SOUC) shares rose 13% during trading on Tuesday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 100,000 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 147,010 shares. The stock had previously closed at GBX 5.75 ($0.07).

Southern Energy Stock Up 13.0 %

The company has a market capitalization of £10.82 million, a P/E ratio of -26.00 and a beta of 1.17. The company has a 50-day moving average of GBX 18.37 and a two-hundred day moving average of GBX 12.56. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68.

Southern Energy Company Profile

Southern Energy Corp., together with its subsidiaries, operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets comprising Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, covering an area of approximately 38,000 acres located in Mississippi.