Botswana Diamonds (LON:BOD) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Botswana Diamonds plc (LON:BOD) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.27 and traded as low as GBX 0.20. Botswana Diamonds shares last traded at GBX 0.20, with a volume of 1,051,607 shares traded.

Botswana Diamonds Trading Down 2.4%

The company’s 50 day moving average price is GBX 0.25 and its 200-day moving average price is GBX 0.27. The company has a market capitalization of £2.40 million, a PE ratio of -2.22 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last issued its earnings results on Friday, December 12th. The company reported GBX (0.09) earnings per share for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

About Botswana Diamonds

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010. The company was incorporated in 2010 and is headquartered in Dublin, Ireland.