Borders & Southern Petroleum (LON:BOR) Shares Pass Below 200 Day Moving Average – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.18 ($0.03) and traded as low as GBX 1.80 ($0.02). Borders & Southern Petroleum shares last traded at GBX 1.92 ($0.02), with a volume of 620,888 shares.

Borders & Southern Petroleum Stock Performance

The firm’s 50 day moving average is GBX 1.82 and its 200 day moving average is GBX 2.18. The company has a market cap of £15.95 million, a PE ratio of -13.00 and a beta of -0.41. The company has a debt-to-equity ratio of 0.00, a current ratio of 13.41 and a quick ratio of 5.54.

Borders & Southern Petroleum Company Profile

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Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands. The company is involved in the exploration and appraisal of hydrocarbons. It holds a 100% interest in three production licenses covering an area of approximately 10,000 square kilometers located approximately 150 kilometers south-east of the Falkland Islands.

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