Borders & Southern Petroleum plc (LON:BOR – Get Free Report) shares dropped 7.9% on Friday . The company traded as low as GBX 6.29 ($0.08) and last traded at GBX 6.45 ($0.09). Approximately 7,561,720 shares changed hands during trading, an increase of 179% from the average daily volume of 2,706,379 shares. The stock had previously closed at GBX 7 ($0.09).
Borders & Southern Petroleum Trading Down 3.1%
The business’s 50 day moving average price is GBX 5 and its two-hundred day moving average price is GBX 3.90. The stock has a market cap of £65.68 million, a P/E ratio of -53.22 and a beta of -0.41.
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.
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