Borders & Southern Petroleum (LON:BOR) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Borders & Southern Petroleum plc (LON:BOR)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.26 ($0.03) and traded as low as GBX 1.58 ($0.02). Borders & Southern Petroleum shares last traded at GBX 1.69 ($0.02), with a volume of 2,332,127 shares changing hands.

Borders & Southern Petroleum Stock Down 0.9 %

The firm has a fifty day moving average price of GBX 1.87 and a 200 day moving average price of GBX 2.26. The company has a current ratio of 13.41, a quick ratio of 5.54 and a debt-to-equity ratio of 0.00. The firm has a market capitalization of £14.04 million, a price-to-earnings ratio of -13.00 and a beta of -0.41.

Borders & Southern Petroleum Company Profile

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.