Borders & Southern Petroleum (LON:BOR) Shares Down 4.5% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report) was down 4.5% on Tuesday . The stock traded as low as GBX 3.29 ($0.04) and last traded at GBX 3.29 ($0.04). Approximately 2,347,142 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 6,850,644 shares. The stock had previously closed at GBX 3.45 ($0.04).

Borders & Southern Petroleum Stock Performance

The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41. The company has a market capitalization of £30.74 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The firm has a 50-day simple moving average of GBX 2.18 and a two-hundred day simple moving average of GBX 2.19.

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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