Borders & Southern Petroleum (LON:BOR) Trading Down 14.5% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s stock price traded down 14.5% during mid-day trading on Saturday . The company traded as low as GBX 5.35 ($0.07) and last traded at GBX 5.60 ($0.07). 11,416,497 shares traded hands during trading, an increase of 121% from the average session volume of 5,162,903 shares. The stock had previously closed at GBX 6.55 ($0.08).

Borders & Southern Petroleum Trading Down 14.5 %

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 stock has a market capitalization of £46.53 million, a P/E ratio of -13.00 and a beta of -0.41. The firm’s 50-day simple moving average is GBX 3.11 and its 200 day simple moving average is GBX 2.42.

Borders & Southern Petroleum Company Profile

(Get Free Report)

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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