Borders & Southern Petroleum (LON:BOR) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 6.80 ($0.09) and traded as high as GBX 11.90 ($0.16). Borders & Southern Petroleum shares last traded at GBX 11.50 ($0.16), with a volume of 1,210,087 shares traded.

Borders & Southern Petroleum Stock Performance

The stock has a market cap of £104.26 million, a P/E ratio of -7,417.50 and a beta of -0.41. The stock has a fifty day simple moving average of GBX 9.01 and a 200-day simple moving average of GBX 6.80.

Insider Activity at Borders & Southern Petroleum

In related news, insider William Hodson acquired 122,807 shares of the business’s stock in a transaction dated Monday, June 16th. The stock was bought at an average price of GBX 7 per share, with a total value of £8,596.49. Insiders own 21.34% of the company’s stock.

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.

Further Reading

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