Borders & Southern Petroleum (LON:BOR) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3.14 ($0.04) and traded as high as GBX 5.15 ($0.07). Borders & Southern Petroleum shares last traded at GBX 4.99 ($0.07), with a volume of 3,308,747 shares traded.

Borders & Southern Petroleum Stock Performance

The business has a 50 day moving average of GBX 5.08 and a two-hundred day moving average of GBX 3.16. The stock has a market capitalization of £51.49 million, a PE ratio of -41.73 and a beta of -0.41.

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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