Borders & Southern Petroleum (LON:BOR) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Borders & Southern Petroleum plc (LON:BOR) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 10.10 and traded as low as GBX 9.60. Borders & Southern Petroleum shares last traded at GBX 9.80, with a volume of 1,251,190 shares.

Borders & Southern Petroleum Price Performance

The stock has a market cap of £84.46 million, a PE ratio of -73.85 and a beta of -0.41. The stock has a 50-day simple moving average of GBX 9.42 and a 200-day simple moving average of GBX 10.09.

Insider Activity

In other Borders & Southern Petroleum news, insider William Hodson bought 1,500,000 shares of the company’s stock in a transaction that occurred on Saturday, January 31st. The stock was purchased at an average price of GBX 9 per share, with a total value of £135,000. Insiders own 21.31% of the company’s stock.

About Borders & Southern Petroleum

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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.