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

Shares of Borders & Southern Petroleum plc (LON:BOR – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 11.11 and traded as low as GBX 10.65. Borders & Southern Petroleum shares last traded at GBX 10.90, with a volume of 357,947 shares trading hands.

Borders & Southern Petroleum Stock Up 1.5%

The company has a 50-day moving average price of GBX 10.99 and a 200-day moving average price of GBX 11.11. The company has a market capitalization of £92.42 million, a price-to-earnings ratio of -65.31 and a beta of 1.04.

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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