Borders & Southern Petroleum (LON:BOR) Share Price Passes Below Two Hundred Day Moving Average of $3.16

Borders & Southern Petroleum plc (LON:BORGet Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.16 ($0.04) and traded as low as GBX 2.30 ($0.03). Borders & Southern Petroleum shares last traded at GBX 2.70 ($0.03), with a volume of 3,477,259 shares changing hands.

Borders & Southern Petroleum Stock Up 16.1 %

The business’s 50 day moving average is GBX 2.34 and its 200-day moving average is GBX 3.16. The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 5.54. The firm has a market capitalization of £18.73 million and a price-to-earnings ratio of -13.50.

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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