Borders & Southern Petroleum (LON:BOR) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.14 ($0.03) and traded as high as GBX 2.26 ($0.03). Borders & Southern Petroleum shares last traded at GBX 2.26 ($0.03), with a volume of 899,295 shares traded.

Borders & Southern Petroleum Price Performance

The stock has a 50-day simple moving average of GBX 1.92 and a 200 day simple moving average of GBX 2.14. The stock has a market capitalization of £20.38 million, a P/E ratio of -13.00 and a beta of -0.41. The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41.

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.

Further Reading

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