Shares of Borders & Southern Petroleum plc (LON:BOR) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $1.56. Borders & Southern Petroleum shares last traded at $1.56, with a volume of 690,395 shares.
The firm has a 50 day moving average of GBX 1.97. The company has a market cap of $7.59 million and a P/E ratio of -3.92.
About Borders & Southern Petroleum (LON:BOR)
Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands. It is involved in the exploration and appraisal of hydrocarbons. The company holds a 100% interest in three production licenses covering an area of approximately 10,000 square kilometers in the Falkland Islands.
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