Borders & Southern Petroleum (LON:BOR) Trading Down 6.2% – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares dropped 6.2% during mid-day trading on Tuesday . The stock traded as low as GBX 5.08 ($0.06) and last traded at GBX 5.25 ($0.06). Approximately 4,214,024 shares were traded during trading, a decline of 18% from the average daily volume of 5,137,943 shares. The stock had previously closed at GBX 5.60 ($0.07).

Borders & Southern Petroleum Stock Performance

The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41. The firm’s 50 day simple moving average is GBX 3.18 and its 200-day simple moving average is GBX 2.44. The company has a market cap of £44.45 million, a price-to-earnings ratio of -13.00 and a beta of -0.41.

About Borders & Southern Petroleum

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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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