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

Shares of Borders & Southern Petroleum plc (LON:BOR – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 11.06 and traded as low as GBX 10. Borders & Southern Petroleum shares last traded at GBX 11.20, with a volume of 51,699,883 shares traded.

Borders & Southern Petroleum Stock Performance

The company has a market capitalization of £98.17 million, a price-to-earnings ratio of -69.38 and a beta of 1.04. The company has a fifty day simple moving average of GBX 11.13 and a two-hundred day simple moving average of GBX 11.08.

About Borders & Southern Petroleum

(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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.

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