Borders & Southern Petroleum (LON:BOR) Shares Cross Below 200 Day Moving Average – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.15 ($0.03) and traded as low as GBX 1.71 ($0.02). Borders & Southern Petroleum shares last traded at GBX 1.71 ($0.02), with a volume of 145,723 shares.

Borders & Southern Petroleum Price Performance

The stock has a market cap of £14.21 million, a PE ratio of -13.00 and a beta of -0.41. The company has a quick ratio of 5.54, a current ratio of 13.41 and a debt-to-equity ratio of 0.00. The company’s fifty day moving average is GBX 1.82 and its 200 day moving average is GBX 2.15.

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.

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