Borders & Southern Petroleum (LON:BOR) Share Price Breaks Below 200 Day Moving Average – Here’s Why

Borders & Southern Petroleum plc (LON:BOR – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of GBX 11.12 and traded as low as GBX 10. Borders & Southern Petroleum shares last traded at GBX 10.45, with a volume of 571,635 shares trading hands.

Borders & Southern Petroleum Price Performance

The stock has a market cap of £92.56 million, a price-to-earnings ratio of -54.47 and a beta of 1.04. The firm has a 50 day simple moving average of GBX 10.54 and a two-hundred day simple moving average of GBX 11.12.

About Borders & Southern Petroleum

(Get Free Report)

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.

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