Borders & Southern Petroleum (LON:BOR) Shares Down 6.9% – Time to Sell?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares were down 6.9% during trading on Friday . The stock traded as low as GBX 8.43 and last traded at GBX 8.43. Approximately 2,544,590 shares traded hands during mid-day trading, an increase of 97% from the average daily volume of 1,292,832 shares. The stock had previously closed at GBX 9.05.

Borders & Southern Petroleum Trading Down 3.9%

The stock has a 50-day simple moving average of GBX 10.08 and a 200-day simple moving average of GBX 9.85. The company has a market cap of £76.54 million, a price-to-earnings ratio of -66.92 and a beta of -0.41.

Borders & Southern Petroleum Company Profile

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

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